2 Drug Companies Settle with Counties in Opioid-Crisis Suit
Wednesday, August 21, 2019
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Two pharmaceutical companies have reached settlements totaling $15 million to avoid being defendants in the first federal trial on the drug industry’s accountability for a nationwide opioid crisis.
Dublin, Ireland-based Endo Pharmaceuticals announced Tuesday that it has agreed to pay the Ohio counties of Cuyahoga and Summit, home to Cleveland and Akron, a total of $10 million to settle their suits, which are still scheduled to go to trial against other drugmakers and distributors Oct. 21.
As part of the deal, Endo also agreed to supply $1 million worth of blood pressure medicines it produces for the counties. The counties will determine how the settlement is divided.
And Allergan, also based in Dublin, has agreed to pay $5 million to settle claims related to its branded opioid. The settlement does not resolve claims regarding its generic opioids, Frank Gallucci, a lawyer for Cuyahoga County, told Cleveland.com and other media outlets.
The settlements came one day after the Summit County Council passed a resolution to OK settlements with any companies with less than 10% of the opioid market share in the county.
Matthew Maletta, an Endo executive vice president, said it would have cost the company $10 million in legal expenses just to go to trial.
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