Authored by: Ollie Lammers
According to Reuters.com, the state of Alabama recently settled with Endo International Plc, McKesson Corp, and Johnson & Johnson over claims that the companies fueled the opioid addiction crisis.
Alabama will receive $276 million in settlements from the three companies.
Endo International will pay $25 million, and Johnson & Johnson will pay $70.3 million to Alabama. Mckesson Corp will pay $141 million to Alabama. The settlement money will go toward Alabama’s efforts to combat the opioid crisis.
The state accused McKesson of failing to prevent the diversion of opioids for illicit purposes. Alabama accused Johnson & Johnson and Endo of engaging in marketing practices that downplayed the risks of addiction.
The companies have denied any wrongdoing.
Alabama is one of the four states that declined to participate in the nationwide class-action lawsuit. The state will receive more money from McKesson and a faster payout from Johnson & Johnson.