BREAKING: CNBC: Four Drug Companies Reach a Settlement as Opioid Trial Was Set to Begin
Four large drug companies reached a last-minute $260 million legal settlement over their role in the U.S. opioid addiction epidemic, averting the first federal trial that was scheduled to start Monday morning in Cleveland. The tentative settlement came hours before opening statements were set to be delivered in the Cleveland case, viewed as a harbinger for legal claims filed by hundreds of local and state governments. RELATED STORY: Is this popular brand fueling the opioid epidemic? Terms of a deal involving McKesson Corp., Cardinal Health Inc., AmerisourceBergen Corp. and Teva Pharmaceutical Industries Ltd. would be announced later in the day....
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