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J & J agrees to suspend opioid sales in a $ 230 million settlement with New York

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Attorney General Letitia James of New York spoke at a press conference and announced criminal justice reform in New York City, USA on May 21, 2021.

Brendan MacDermid | Reuters

New York Attorney General Letitia James announced on Saturday that Johnson & Johnson has agreed to suspend national sales of opioids in a $ 230 million settlement with New York.

As part of the settlement, the company will resolve opioid-related claims and allocate payments over a nine-year period. According to a press release from James’ office, if the state executive council signs a new law to create an opioid settlement fund, it could pay an additional $ 30 million in the first year.

“The opioid epidemic has disrupted countless communities in New York and other countries, and millions of people are still dependent on dangerous and deadly opioids,” James said in a statement.

“Johnson & Johnson helped the fire, but today they have promised to quit the opioid business not only in New York, but across the country,” she said.

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J & J agrees to suspend opioid sales in a $ 230 million settlement with New York

Source link J & J agrees to suspend opioid sales in a $ 230 million settlement with New York

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