Johnson & Johnson confirms opioid business has ended in $230 million settlement with New York

CNBC2021-06-28

Johnson & Johnson has agreed to a $230 million settlement with New York state that bars the company from promoting opioids and confirmed it has ended distribution of such products within the United ...

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Comments

DYy
2021-06-28
DYy
Nice!
risa
2021-06-28
risa
Nicely done
annyeonggg
2021-06-28
annyeonggg
Good job
cjng85
2021-06-28
cjng85
Nice
- cjng85:
  Good
Keirayek
2021-06-28
Keirayek
Nice!
Nicliow
2021-06-28
Nicliow
Comment and like
- Junren92:
  Okay

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Other defendants in the New York suit include Purdue Pharma; Mallinckrodt LLC; Endo Health Solutions; Teva Pharmaceuticals USA; and Allergan Finance LLC.\nIn a statement Saturday, Johnson & Johnson said the settlement “is not an admission of liability or wrongdoing by the company” and is “consistent with the terms of the previously announced $5 billion all-in settlement agreement in principle for the resolution of opioid lawsuits and claims by states, cities, counties and tribal governments.”\nThe company also said it would continue to defend against any lawsuits the final agreement does not resolve.\nJames said the state will focus on funding for opioid prevention, treatment and education efforts in order to “prevent any future devastation.”","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":127271053,"gmtCreate":1624853793472,"gmtModify":1703846263271,"author":{"id":"3570744543337521","authorId":"3570744543337521","name":"DYy","avatar":"https://static.tigerbbs.com/51c119ccdb1a5ca0c10565ea0a088f2c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3570744543337521","authorIdStr":"3570744543337521"},"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127271053","repostId":1106788377,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127284205,"gmtCreate":1624851160607,"gmtModify":1703846198973,"author":{"id":"4087516747737490","authorId":"4087516747737490","name":"risa","avatar":"https://static.tigerbbs.com/3dbbd9f45c71d8a897d55787e7f7aae3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087516747737490","authorIdStr":"4087516747737490"},"htmlText":"Nicely 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