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A U.S. judge ruled in favor of a drug dealer in an opioid proceeding in West Virginia-AP

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A Federal Judge on July 4th was AmerisourceBergen (NYSE:ABC), McKesson (NYSE:MCK) And Cardinal Health (NYSE:CAH) Was not responsible for promoting the opioid epidemic in parts of West Virginia, The Associated Press report..

Decision It was almost a year after Cabell County and Huntington City finished closing arguments in a proceeding against a drug dealer.

U.S. District Judge David Faber rejects the county’s efforts to force businesses to pay $ 2.5 billion to address the opioid crisis with a 15-year reduction plan to reduce overdose in people with opioid use disorders. did.

The two companies had distributed 81 million opioid pills to pharmacies in a county in West Virginia over eight years, the report added.

“There is nothing unreasonable about distributing controlled substances to meet legally written prescriptions,” Farber said. report From Reuters.

Cardinal Health said in a statement to AP that the ruling provides only safe channels for the company to deliver medicines from manufacturers to hospitals and pharmacies, and dispenses medicines to patients based on prescriptions ordered by doctors. He said he showed that he would.

Plaintiffs’ lawyers said they were disappointed with the ruling, AP reported.

About a week ago, Oklahoma $ 250 million reconciliation AmerisourceBergen (ABC), McKesson (MCK) And the Cardinal (CAH) Resolve allegations that drug distributors have fueled the opioid crisis.

May, Teva Pharmaceuticals (TEVA) And AbbVie (ABBV) Unit Allagan $ 161.5 million Agreement with West Virginia.

Other notable settlements include: February, Johnson & Johnson (JNJ). I agreed Settlement of about $ 5 billion nationwide.

Walgreens Boots Alliance (WBA). I agreed You could also pay $ 683 million to settle Florida and state claims separately Calm down About $ 860 million in CVS Health (CVS), Teva (TEVA), Endo International (ENDP), And Allagan.

Purdue Pharma is also considering a $ 6 billion opioid settlement..

A U.S. judge ruled in favor of a drug dealer in an opioid proceeding in West Virginia-AP

https://seekingalpha.com/news/3854023-us-judge-rules-in-favor-of-drug-distributors-in-west-virginia-county-opioid-suit-ap?utm_source=feed_news_all&utm_medium=referral A U.S. judge ruled in favor of a drug dealer in an opioid proceeding in West Virginia-AP

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