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Ohio, Drug Distributors Finalize $808 Million Opioid Settlement

By on September 17, 2021 in Litigation-Business

“Ohio on Thursday finalized an $808 million accord with the three largest U.S. drug distributors resolving claims they fueled the opioid epidemic, guaranteeing the state would be paid regardless of the fate of the proposed $26 billion national settlement. Ohio Attorney General Dave Yost cited the leverage,” reports Nate Raymond in Reuters.

“An upcoming trial in a case the state filed against the companies to explain why the state could cut a better deal with McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc than what it could get in the national settlement. That deal calls for the distributors to pay up to $21 billion over 18 years to resolve claims by thousands.”

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