State AGs urge support for landmark $26 billion opioid settlement
By Nate Raymond
Reuters
(Reuters) -A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still requires support from thousands of local governments.
Under the settlement proposal, the three largest U.S. drug distributors, McKesson Corp, Cardinal Health Inc and AmerisourceBergen Corp, are expected to pay a combined $21 billion, while drugmaker Johnson & Johnson would pay $5 billion.
"There's not enough money in the world, frankly, to address the pain and suffering," said Connecticut Attorney General William Tong, adding that the money will "help where help is needed."