US EditionIllinois Reaches $23M Settlement with Eight Pharma Firms over Opioid Crisis
ALABAMA, JUL 11 – Alabama will receive $11.7 million from an $720 million nationwide opioid settlement requiring drug makers to limit opioid marketing and monitor suspicious orders.
- Attorney General Kwame Raoul announced a $720 million settlement with eight pharmaceutical companies impacting nine states, including Illinois.
- The settlements resulted from investigations into deceptive practices that increased opioid prescriptions and fueled the nationwide opioid crisis.
- Illinois could receive over $23 million from companies like Indivior, Sun, Alvogen, and Zydus, with varying payment schedules and restrictions on opioid marketing.
- As part of the agreement, seven companies are barred from marketing opioids and are restricted from producing or selling any opioid products that exceed 40 milligrams of oxycodone per dosage unit, while Indivior has committed to a 10-year halt on manufacturing opioid medications.
- The settlement enables continued efforts to hold opioid manufacturers accountable and aims to address the opioid crisis through financial penalties and regulatory measures.
15 Articles
15 Articles
Illinois reaches $23M settlement with eight pharma firms over opioid crisis
Ill. (WTVO) — Illinois Attorney General Kwame Raoul has secured settlements worth $720 million with eight pharmaceutical manufacturers for multiple states, including Illinois. The lawsuit accused pharmaceutical manufacturers of worsening the opioid crisis. Illinois is set to collect $23 million, thanks to the settlements. The state has already collected about $1.4 billion in nationwide settlements with pharmaceutical companies, Raul said. “As lo…
Chicago Sun Times
Usa newsIllinois opioid settlements share could be at least $23 million
Nine states will share in a tota of $720 million in a deal with eight drug-makers. Illinois has collected about $1.4 billion of the $50 billion nationwide in opioid settlements.
Nebraska helps secure $720 million settlement from eight opioid drug manufacturers
LINCOLN, Neb. (KLKN) — The Nebraska Attorney General’s Office announced a $720 million national settlement with eight opioid drug makers. In a press release on Friday, the attorney general’s office said these drug manufacturers worsened the nationwide opioid crisis. Based on the overwhelming participation of the Attorneys General across the country, all eight defendants agreed to proceed with a sign-on...
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