A multibillion-dollar deal to resolve the litigation over the U.S. opioid epidemic is on the way.
Judge Dan Polster summoned to his court executives from the largest U.S. drug distributors.
McKesson, Cardinal Health, AmerisourceBergen, and Teva are hammering out a deal before federal trials start.
Healthcare executives and state attorneys general and other plaintiffs’ lawyers will be involved.
who were huddled privately in separate rooms in the Cleveland federal courthouse.
Thousands of lawsuits allege the companies fueled a public health crisis, reports Reuters.
This puts them responsible for roughly 400,000 U.S. reported deaths from 1999 to 2017.
So far, the companies have proposed a deal that could be worth $50 billion to settle the litigation.