Cardinal Health Opioid Scandal

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4 U.S. companies will pay $26 billion to settle claims over the …

(8 days ago) WEBFour of the largest U.S. corporations have agreed to pay roughly $26 billion to settle a tsunami of lawsuits linked to claims that their business practices helped fuel …

https://www.npr.org/2022/02/25/1082901958/opioid-settlement-johnson-26-billion

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Cardinal Health to pay $6.4 billion as part of opioid …

(7 days ago) WEBThe Columbus Dispatch. Cardinal Health will report a $140 million charge when it releases its quarterly financial results next month as part of the $26 billion opioid settlement that was struck

https://www.dispatch.com/story/business/2021/07/22/cardinal-health-pay-6-4-billion-part-opioid-settlement/8053626002/

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Cardinal Health Opioid-Related Derivative Suit Settled for $124 …

(Just Now) WEBThe Cardinal Health settlement, which is subject to court approval, is the latest massive settlement of opioid-related derivative litigation. It also represents …

https://www.dandodiary.com/2022/05/articles/shareholders-derivative-litigation/cardinal-health-opioid-related-derivative-suit-settled-for-124-million/

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The Giants at the Heart of the Opioid Crisis - The New …

(6 days ago) WEBThe industry’s giants, Cardinal Health, McKesson and AmerisourceBergen, are all among the 15 largest American companies by revenue. Together, they distribute more than 90 percent of the nation

https://www.nytimes.com/2019/04/22/health/opioids-lawsuits-distributors.html

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Addressing the Opioid Crisis: Board Engagement and Governance

(5 days ago) WEBNational Opioid Lawsuit Settlement. In February 2022, after several years of negotiations, we announced that Cardinal Health and the two other national distributors had decided …

https://www.cardinalhealth.com/en/about-us/environmental-social-governance/policies-and-principles/board-engagement-and-governance.html

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States Are Close To A $26 Billion Opioid Settlement With Drug

(2 days ago) WEBMcKesson, AmerisourceBergen and Cardinal Health have agreed to a $1.1 billion settlement with the state of New York over their alleged role in opioid distribution. …

https://www.npr.org/2021/07/20/1018288961/new-york-1-billion-opioid-deal-us-drug-wholesalers

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Cardinal Health winding down lingering litigation over opioids, …

(1 days ago) WEBCardinal Health Inc. is winding down most of the lingering litigation over opioid distribution and product recalls of a divested business line. In some cases, the …

https://www.bizjournals.com/columbus/news/2023/05/10/cardinal-health-litigation-update.html

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Cardinal Health Opioid Derivative Suit Ends With Settlement Nod

(4 days ago) WEBCardinal Health Inc. and more than a dozen of its directors have gotten final court approval of a $124 million settlement to resolve shareholders’ derivative claims …

https://news.bloomberglaw.com/litigation/cardinal-health-opioid-derivative-suit-ends-with-settlement-nod

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Proposed Opioid Litigation Comprehensive Settlement

(1 days ago) WEBCardinal Health Medical Segment 7200 Cardinal Place Dublin, OH 43017 cardinalhealth.com Communication re Proposed Opioid Litigation Comprehensive …

https://www.cardinalhealth.com/content/dam/corp/web/documents/Report/cardinal-health-injunctive-relief-terms-20220225.pdf

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Cardinal Health, McKesson prevail in Georgia families' opioid trial

(8 days ago) WEB1. Tablets of the opioid-based Hydrocodone at a pharmacy in Portsmouth. By Brendan Pierson. (Reuters) -Drug distributors Cardinal Health Inc, McKesson Corp and …

https://news.yahoo.com/cardinal-health-mckesson-prevail-georgia-230135874.html

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Cardinal Health, distributors approve opioid settlement with states

(5 days ago) WEBThe three largest pharmaceutical distributors including Cardinal Health Inc. have approved the $19.5 billion settlement with states and municipalities over expenses …

https://www.bizjournals.com/columbus/news/2022/02/25/cardinal-mckesson-amerisource-opioid-settlement.html

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Cardinal Health to payout billions in massive opioid lawsuit

(7 days ago) WEBJohnson & Johnson and its three largest drug distributors will pay a combined $26 billion to communities affected by the opioid crisis. Cardinal Health is …

https://www.wosu.org/news/2022-02-25/cardinal-health-to-payout-billions-in-massive-opioid-lawsuit

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Cardinal Health among 4 companies settling opioid lawsuits

(2 days ago) WEBDublin-based Cardinal Health among 4 companies on verge of settling US opioid lawsuits. OHIO (AP) — The three biggest U.S. drug distribution companies and …

https://spectrumnews1.com/oh/columbus/news/2021/07/20/cardinal-health-among-4-companies-settling-opioid-lawsuits

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Cardinal Health fourth-quarter profit hurt by opioid settlements

(4 days ago) WEBLast month's $26 billion opioid settlement took a chunk out of Cardinal Health's fourth-quarter profit. The Dublin-based wholesale drug distribution and medical …

https://www.dispatch.com/story/business/2021/08/05/cardinal-health-fourth-quarter-profit-hurt-opioid-settlements/5481702001/

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Cardinal Health keeps opioid coverage fight in state court

(8 days ago) WEBOhio state courts are considering other opioid coverage disputes. (Reuters) - Drug distributor Cardinal Health Inc on Wednesday won a bid to keep a lawsuit …

https://www.reuters.com/legal/litigation/cardinal-health-keeps-opioid-coverage-fight-state-court-2022-03-30/

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Cardinal Health Agrees to $44 Million Settlement for Alleged …

(4 days ago) WEBBaltimore, Maryland – Cardinal Health, Inc. agreed to pay $44,000,000 to the United States to resolve allegations that it violated the Controlled Substances Act …

https://www.justice.gov/usao-md/pr/cardinal-health-agrees-44-million-settlement-alleged-violations-controlled-substances-act

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As a result of AG Ferguson’s lawsuit, Teva begins delivery of more …

(1 days ago) WEBAlso in 2022, Ferguson’s case against the three largest opioid distributors — McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Drug Corp. — led to a …

https://www.atg.wa.gov/news/news-releases/result-ag-ferguson-s-lawsuit-teva-begins-delivery-more-54000-free-naloxone-kits

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Drug Distribution Companies to Pay N.Y. More Than $1 Billion to …

(6 days ago) WEBThe state’s agreement with the distributors, Cardinal Health, In New York, 3,000 people were killed by opioids in both their street and prescribed forms in 2018, …

https://www.nytimes.com/2021/07/20/nyregion/new-york-opioid-settlements.html

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Cardinal Health docks executive bonuses over opioid costs

(4 days ago) WEBCardinal Health would pay up to $6.4 billion over 18 years under terms of a proposed opioid litigation settlement, the company said in July. The company accrued …

https://www.pharmaceuticalprocessingworld.com/cardinal-health-executive-bonuses-opioid-litigation-costs/

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Opioid crisis: 4 pharmaceutical companies accused in the opioid

(8 days ago) WEB4 pharmaceutical companies accused in the opioid epidemic reach a $260 million settlement just before trial Cardinal Health Inc. and AmerisourceBergen Corp. …

https://www.cnn.com/2019/10/21/health/ohio-opioid-settlement-monday/index.html

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Cardinal Health to pay $13 million to resolve U.S. kickback case

(8 days ago) WEBDrug distributor Cardinal Health Inc has agreed to pay more than $13 million to resolve allegations it gave doctors kickbacks to buy pharmaceutical products …

https://www.reuters.com/legal/government/cardinal-health-pay-13-million-resolve-us-kickback-case-2022-01-31/

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Georgia opioid settlements: May 17 is last day to apply

(6 days ago) WEBPharmaceutical giants AmerisourceBergen, Cardinal Health, McKesson, and Johnson & Johnson were ordered to pay states $26 billion for their role in the opioid …

https://www.11alive.com/article/news/health/apply-georgia-opioid-settlements/85-915daf62-0a2e-42d6-b8dc-6a52e25039b2

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Robbins Geller Rudman & Dowd LLP Announces Proposed …

(2 days ago) WEBif you purchased or otherwise acquired cardinal health common stock between march 2, 2015 and may 2, 2018, inclusive, your rights may be affected by the …

https://www.businesswire.com/news/home/20230502005024/en/Robbins-Geller-Rudman-Dowd-LLP-Announces-Proposed-Settlement-in-the-Cardinal-Health-Securities-Litigation

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Cardinal Health Agrees to Pay More than $13 Million to Resolve

(9 days ago) WEBCardinal Health Agrees to Pay More than $13 Million to Resolve Allegations that it Paid Kickbacks to Physicians. BOSTON – Ohio-based pharmaceutical distributor, …

https://oig.hhs.gov/fraud/enforcement/cardinal-health-agrees-to-pay-more-than-13-million-to-resolve-allegations-that-it-paid-kickbacks-to-physicians/

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Combating Opioid Misuse - Cardinal Health

(3 days ago) WEBCardinal Health understands the opioid epidemic is a public health crisis. We believe it will take everyone in the supply chain to solve it. As we deliver prescription medications …

https://www.cardinalhealth.com/en/about-us/environmental-social-governance/combating-opioid-misuse.html

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Hoosier communities to receive $8.8M in next round of opioid …

(4 days ago) WEBThe next round of opioid settlement funding distributed by the Office of the Attorney General will total $8.8 million, a portion of the roughly $925 million secured so …

https://www.yahoo.com/news/hoosier-communities-receive-8-8m-182943203.html

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Opioid settlements: Local governments struggle to distribute their

(7 days ago) WEBOpioids have been linked to about 800,000 deaths in the U.S. since 1999, including more than 80,000 annually in recent years, with most of those involving illicitly …

https://apnews.com/article/opioid-settlement-small-towns-local-governments-5daabce1ac8da004f94df0cc0b288e43

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Shelby Township Doctor Sentenced to 12 Years in Prison for …

(Just Now) WEBDETROIT - Shelby Township physician Lawrence Mark Sherman, 75, was sentenced today to 12 years in prison based on his conviction following a jury trial on 20 …

https://www.justice.gov/usao-edmi/pr/shelby-township-doctor-sentenced-12-years-prison-illegally-distributing-more-270000

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Washington AG Ferguson Announces Free Naloxone Kits to …

(7 days ago) WEBWashington is setting a bold frontline in the fight against the opioid epidemic, with the Washington Attorney General's office announcing the arrival of life-saving …

https://hoodline.com/2024/05/washington-ag-ferguson-announces-free-naloxone-kits-to-combat-opioid-crisis-funded-by-teva-pharmaceuticals-settlement/

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Attorney General Todd Rokita sends out $8.8 million in next round …

(1 days ago) WEBAdditional distribution payments are expected in the fall of 2024 from AmerisourceBergen (now known as Cencora), Cardinal Health, McKesson, Teva, …

https://events.in.gov/event/attorney-general-todd-rokita-sends-out-88-million-in-next-round-of-opioid-settlement-funds-to-hoosier-communities

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Memo to McKinsey: Avoiding Arthur Andersen’s fate Reuters

(4 days ago) WEBThe firm, which received $86 million from Purdue over 15 years and undisclosed sums from fellow bankrupt opioid makers Endo International and …

https://www.reuters.com/breakingviews/memo-mckinsey-avoiding-arthur-andersens-fate-2024-05-14/

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Spike in opioid overdoses in Chicago has officials concerned, …

(5 days ago) WEBOpioid deaths down nationally, despite local Chicago spikes 02:51. CHICAGO (CBS) -- Chicago public health officials have sounded the alarm after a rise in drug …

https://www.cbsnews.com/chicago/news/spike-opioid-overdoses-chicago-summer/

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Faster approach for starting extended-release naltrexone to treat

(6 days ago) WEBStarting people with opioid use disorder on extended-release, injectable naltrexone (XR-naltrexone) within five to seven days of seeking treatment is more …

https://nida.nih.gov/news-events/news-releases/2024/05/faster-approach-for-starting-extended-release-naltrexone-to-treat-opioid-use-disorder-shown-effective

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Faster approach for starting extended-release naltrexone to treat

(Just Now) WEBIt works by binding to and blocking opioid receptors in the brain, which reduces opioid cravings and prevents the euphoric and sedative effects of opioids. …

https://www.nih.gov/news-events/news-releases/faster-approach-starting-extended-release-naltrexone-treat-opioid-use-disorder-shown-effective

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Opioid settlement funds can be spent on traditional healing in

(8 days ago) WEBHealth care companies are paying out more than $1.5 billion to hundreds of tribes over 15 years. This windfall is similar to settlements that many of the same …

https://www.npr.org/sections/health-shots/2024/05/12/1250379089/sweat-lodge-traditional-healing-addiction-recovery-opioid-settlement-funds

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Understanding the Opioid Overdose Epidemic Overdose …

(3 days ago) WEBOpioid-related deaths are rising Drug overdose deaths. The number of people who died from a drug overdose in 2021 was over six times the number in 1999.; The …

https://www.cdc.gov/overdose-prevention/about/understanding-the-opioid-overdose-epidemic.html

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NC Senate votes to ban people from wearing masks in public for …

(5 days ago) WEBRALEIGH, N.C. (WRAL) - The North Carolina Senate voted along party lines Wednesday to ban anyone from wearing masks in public for health reasons, following …

https://www.wect.com/2024/05/16/nc-senate-votes-ban-people-wearing-masks-public-health-reasons/

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Assess Risks and Potential Harms of Opioid Use

(9 days ago) WEBBefore starting and periodically during continuation of opioid therapy clinicians should: Offer naloxone when prescribing opioids, particularly to patients at …

https://www.cdc.gov/overdose-prevention/hcp/clinical-care/assess-risks-of-opioid-use.html

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