Opioid Manufacturers Expected To Settle Thousands Of Lawsuits

The transcript discusses a potential $50 billion settlement involving major drug distributors and manufacturers, including Amerisource Bergen, Cardinal Health, McKesson Corp, Johnson and Johnson, and Teva. This settlement aims to address the costs of the opioid epidemic, such as healthcare, law enforcement, and addiction treatment. The parties are working to finalize the deal before a federal trial in Ohio, which focuses on the opioid crisis. Over 2000 lawsuits have been filed by state and local governments, accusing the drug industry of contributing to the crisis, which has resulted in 400,000 deaths over two decades.

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