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Ohio Counties, drug companies reach $ 260 million settlement in opioid epidemic case, attempt to avert



Details of the agreement should be announced later on Monday morning. Late last night, the companies were still negotiating.

A lawsuit could have cost pharmaceutical companies more than $ 8 billion if the counties of Cuyahoga and Summit had been awarded all the money they wanted. It also gives companies the time to try to build a more comprehensive settlement with the 2,400 cities, counties, Indian tribes, and others who have sued the drug industry. Their cases were summarized before a federal judge in a sprawling "multi-party dispute".

The districts of Ohio would receive $ 21

5 million in cash from distributors and $ 20 million from Teva, according to the agreement's agreement, on condition of anonymity over the sensitivity of the negotiations. Teva would also provide another $ 25 million for drugs against addiction.

The comparison with the four companies follows the collapse of an extraordinary effort on Friday to reach an agreement covering all cases . Judge of the US District Court, Dan Aaron Polster, called the directors of the three major distributors and representatives of the other two companies into his courtroom to reach an agreement.

Also mentioned were the plaintiffs' attorneys and four Attorney Generals representing dozens of states that have negotiated with the pharmaceutical companies. Almost every state has sued a large number of companies before state courts.

Upholstery, which has been pushing for a mass settlement for nearly two years, commuted between the parties to find common ground. After about ten hours of talks, however, the negotiations ended without agreement.

More than 200,000 people have died from overdoses of prescription narcotics over the past two decades, and another 200,000 have been overdosed with heroin and illegal fentanyl, today's main Fentanyl drug, which drives the crisis.

The county's reasoning is mainly based on the sheer volume of drug companies that flocked to northeast Ohio. They argue that traders, motivated by profits, have done little to monitor the doses spilled on the black market and ignored obvious signs as they fulfilled order after task.

They argue that the tide caused a "public nuisance" that endangered the health and health of residents seeking $ 7.2 billion to solve the crisis. They also want another billion in compensation.

Polster has decided that if the jury finds the companies guilty, Polster decides how much they have to pay to remedy the public nuisance.

In August, a judge in Oklahoma found a health giant Johnson & Johnson is responsible for fueling the opioid crisis and convicting the company to pay the state $ 572 million for a similar public harassment claim. After a seven-week trial, Judge Thad Balkman agreed with the state's claim that the company had endangered public health by aggressively marketing opioids and importing and processing raw materials for oxycodone.

Johnson & Johnson appealed against this decision.

] In this case, the Cuyahoga and Summit districts also claim that the companies worked together like a drug cartel to expand their marketplace, advertise their products and minimize the search risk.

Patients who suffer from cancer and other painful conditions and comply with the regulations established by the DEA and the Food and Drug Administration. They also refuse to cooperate, claiming that the districts can not prove any direct link between their behavior and the damage or costs incurred.


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