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J&J and three drug distributors unveil $26-billion opioid deal with states [Los Angeles Times (CA)]

AmerisourceBergen Corporation (ABC) 
Last amerisourcebergen corporation earnings: 1/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.amerisourcebergen.com/investors
“While no amount of money will ever be enough, this settlement will force these drug companies to pay a historic amount of money to bring much-needed treatment and recovery services to North Carolina communities and to change their business practices so that something like this never happens again,” said North Carolina Atty. Gen. Josh Stein, who was on the state negotiating group. More than 40 states are expected to participate in the deal, Stein said during a news conference with other state attorneys general. Some early adopters already include California, New York, Ohio, Massachusetts, Virginia, Tennessee, Louisiana, Pennsylvania, Connecticut, Delaware and Virginia. States that weren't part of the negotiating group get 30 days to sign onto the deal, and several have already announced they will. They'll then have 120 days to get their local governments on board with accepting cash to drop their lawsuits, with bonuses paid by the companies to get more to sign up. That process ha Show less Read more
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