Johnson & Johnson reaches tentative $20.4 million settlement in massive opioid case

[BumRushDaShow]

Source: Washington Post



Health-care giant Johnson & Johnson announced Tuesday that it has reached a $20.4 settlement in principle with two Ohio counties on the eve of a massive federal trial to determine who is responsible for the nation’s opioid epidemic.

Under the proposed settlement, Johnson & Johnson would pay Cuyahoga and Summit counties $10 million in cash, reimburse $5 million in legal fees and direct $5.4 million to nonprofits for opioid-related programs in those communities.

“The settlement allows the company to avoid the resource demands and uncertainty of a trial as it continues to seek meaningful progress in addressing the nations’ opioid crisis,” Johnson & Johnson and its subsidiary Janssen Pharmaceuticals said in a statement Tuesday night. “The company recognizes the opioid crisis is a complex public health challenge and is working collaboratively to help communities and people in need.”

Under the tentative terms, the company resolves all claims by the counties with no admission of liability. Attorneys for the plaintiffs could not immediately be reached for comment.

Read more: https://www.washingtonpost.com/investigations/johnson-and-johnson-reaches-tentative-204-million-settlement-in-massive-opioid-case/2019/10/01/6a8a9670-e48e-11e9-b403-f738899982d2_story.html

[Miguelito Loveless]

1. $20 million?

That’s sofa cushion money to them.

[BumRushDaShow]

2. Yup - although that is only for 2 counties out of a single state.

[PatrickforO]

4. Yeah, let's hope it piles up. After that Rachel Maddow

segment that began with the emails where executives were joking about how addictive they were, all these pharma companies need to pay up. But then, we won't get real progress until we have some serious healthcare reform, whatever shape that might take after 2020.

[Kablooie]

3. Just what I was thinking.

You enable the deaths of hundreds and your punishment is to pay $1.50.