Tag Archives: Opioid

Drug Giants Close In on a $50 Billion Settlement of Opioid Cases

CLEVELAND — The nation’s three largest drug distributors and two manufacturers have agreed with multiple states on a framework to resolve thousands of opioid cases with a settlement worth nearly $ 50 billion in cash and addiction treatments, according to three people familiar with the negotiations. The agreement would release AmerisourceBergen, Cardinal Health and McKesson… Read More »

Purdue could become a trust funded by sales of the same drug blamed for the opioid crisis

Purdue Pharma could become a public trust funded by OxyContin sales as part of a massive settlement over its role in the opioid epidemic, but some prosecutors and health advocates are skeptical of the idea of relying on profits from the drug that contributed to the crisis. Purdue, commonly blamed as a major contributor to… Read More »

Harvard-Michigan opioid summit explores addiction, policy

Pharmaceutical companies’ television ads have come under fire for pitching drugs to consumers, but another marketing tactic, behind closed doors and often ignored, is perhaps even more troubling, according to one expert. Harvard health economist Meredith Rosenthal said drug companies also pitch their wares directly to doctors through an array of tactics, including face-to-face marketing,… Read More »

Three Weeks Pass And Boston Panel Still Has No Verdict In Insys Opioid Trial

The lengthy deliberations of the 12-person jury focus on a scam prosecutors say funneled hundreds of thousands of dollars to doctors nationwide to prescribe highly addictive Subsys more often and at higher doses. News on the opioid epidemic comes from Massachusetts, Ohio, New Hampshire and California, as well. Bloomberg: Opioid Court Case: Still No Verdict … Read More »