Canadian drug makers hit with $1.1-billion suit for pushing opioids despite risks [Financial Post (Toronto, Ontario, Canada)]
Bristol-Myers Squibb Company (BMY)
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Source: Financial Post
Canadian drug makers hit with $1.1-billion suit for pushing opioids despite risks Apotex, Bristol-Myers Squibb, Johnson and Johnson and the Jean Coutu Group are among the companies named in the proposed class action TORONTO — Canadian drug makers enriched themselves at the expense of vulnerable patients by illegally and deceptively promoting highly addictive opioids that have killed thousands in recent years, a proposed class action filed Wednesday asserts. The untested statement of claim filed in Ontario Superior Court seeks more than $1.1 billion in various damages from almost two dozen companies, including some of the biggest pharmaceutical names in the country such as Apotex, Bristol-Myers Squibb, Johnson and Johnson and the Jean Coutu Group. The suit, filed on behalf of patients who became addicted to prescribed opioids, also seeks a declaration that the companies were negligent in how they researched, developed and marketed opioids starting in the 1990s. “The defendants knew tha
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