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March 05, 2020

Possible $1.25 Billion Settlement to End Opioid Suits with West Virginia

Communities in West Virginia would receive approximately $1.25 billion in a proposed settlement with pharmacies involved in the opioid litigation. This plan does not; however, apply to Purdue Pharma and Mallinckrodt -- these two companies are settling opioid lawsuits through bankruptcy court. West Virginia is pursuing its own deal “partly because the state would be cut out of a piece of a national $18 billion settlement” currently under consideration with three distribution companies – Cardinal Health, McKesson, and AmerisourceBergen. The deal excludes state Attorney General Patrick Morrisey’s claims against opioid makers. In this deal, Morrisey can still pursue his claims, or reach separate settlements, as part of the national settlement.