Tag: Opioid

McKinsey Agrees to $78 Million Settlement Over Opioid Crisis Claims | Jot Beat

McKinsey and Co., a prominent consulting firm, has reached a $78 million settlement to resolve allegations that its work with pharmaceutical companies, notably Purdue Pharma, contributed to the national opioid addiction crisis. This settlement, pending judicial approval, was disclosed in federal ...

New Jersey Wins $9.5 Million in Landmark Opioid Settlement with Publicis Health

The settlement emerged from allegations against Publicis for engaging in practices deemed unconscionable by the New Jersey Consumer Fraud Act. Publicis’s acknowledgment of the harm caused by its actions paves the way for enhanced support for communities grappling with the opioid cris...

CVS & Walgreens Issue Preliminary Opioid Settlement of $10 Billion

The two largest drugstores in the country, CVS Pharmacy and Walgreens, have issued preliminary deals worth a combined total of over $10 billion to settle thousands of lawsuits filed over their alleged failure to curb sales of prescription narcotics, according to Law360. According to plaintiffs, p...

WV Opioid Suit Down to Final Defendant

Walgreens has become the latest defendant to settle with West Virginia Attorney General Patrick Morrisey over claims related to multiple pharmacies’ roles in exacerbating the opioid crisis. During a Jan. 18 press conference, AG Morrisey announced that he had signed an $83 million settlement ag...

FDA Panel Recommends Making Opioid Overdose Antidote Available Over the Counter ??? WinWay Health Blog

An FDA advisory panel has recommended that naloxone, a medication used to reverse opioid overdoses, be made available over the counter. The move is seen as a significant step forward in the fight against the opioid epidemic that has swept across the United States in recent years. The panel’...

Opioid Executive Sentenced for Criminal Conspiracy

An executive who served as the head of the Rochester Drug Cooperative has been sentenced to more than two years in prison for funneling large amounts of narcotic medication into pill mills. Laurence F. Doud III was sentenced on March 8 on charges of criminal conspiracy to deceive the U.S. Drug Enfor...

DOJ Sues Rite Aid Over Opioid Prescriptions

The U.S. Department of Justice (DOJ) has filed an intervention in a whistleblower lawsuit against the Rite Aid Corporation and its subsidiaries. The Justice Department’s March 13 press release states that it is suing one of the largest pharmacy chains with over 2,200 pharmacies across 17 state...