lawyermonthly 1100x100 oct2024eb sj lawyermonthly 800x90 dalyblack (1)

Johnson & Johnson To Pay $230 Million In Opioid Settlement

In this Article
Reading Time:
< 1
 minutes
Posted: 28th June 2021 by
Lawyer Monthly
Share this article

Johnson & Johnson did not admit liability or wrongdoing in the settlement with New York. The $230 million payment will remove the firm from a trial that was due to begin on Tuesday and in which numerous large opioid manufacturers and distributors are defendants. Johnson & Johnson have said that the settlements were consistent with a previous agreement to pay out $5 billion. 

As part of the settlement, Johnson & Johnson will also stop selling opioids nationwide. Although they can be purchased as legal prescription medications to block pain, the powerful drug is also used illegally as a recreational drug. Within America, addiction to both legal and illegal opioid has been a serious and ongoing problem for many years. Between 1999 and 2019, there were almost 500,000 deaths from overdoses.

Johnson & Johnson, AmerisourceBergen, Cardinal Health, and Mckesson - the largest distributors of drugs in the US - have proposed a payout with a combined total of $26 billion to bring an end to thousands of opioid lawsuits.

Sign up to our newsletter for the latest Legal News Updates
Subscribe to Lawyer Monthly Magazine Today to receive all of the latest news from the world of Law.

About Lawyer Monthly

Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.