Posted on Jun 26, 2021
J&J Agrees To Pay $230M In New York Opioid Settlement
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Posted 3 y ago
Responses: 2
PO1 William "Chip" Nagel
"The deal involving a lawsuit brought by James in 2019 removes Johnson & Johnson from a trial that is slated to begin next week on Long Island — part of a slew of litigation over an epidemic linked to nearly 500,000 deaths over the last two decades.
In its own statement on Saturday, Johnson & Johnson downplayed the attorney general's announcement. It said the settlement involved two prescription painkillers — developed by a subsidiary and accounting for less than 1% of the market — that are already no longer sold in the U.S.
The settlement was "not an admission of liability or wrongdoing by the company," Johnson & Johnson said. It added that its actions "relating to the marketing and promotion of important prescription pain medications were appropriate and responsible."
The settlement was the latest development in the complicated universe of opioid-related lawsuits across the U.S. that has drawn comparisons to the multistate litigation against tobacco companies in the 1990s. It reflects a path being taken by some big drug companies that see settling as in their best interests, in part because that route would likely not cost as much as losing in court repeatedly."
"The deal involving a lawsuit brought by James in 2019 removes Johnson & Johnson from a trial that is slated to begin next week on Long Island — part of a slew of litigation over an epidemic linked to nearly 500,000 deaths over the last two decades.
In its own statement on Saturday, Johnson & Johnson downplayed the attorney general's announcement. It said the settlement involved two prescription painkillers — developed by a subsidiary and accounting for less than 1% of the market — that are already no longer sold in the U.S.
The settlement was "not an admission of liability or wrongdoing by the company," Johnson & Johnson said. It added that its actions "relating to the marketing and promotion of important prescription pain medications were appropriate and responsible."
The settlement was the latest development in the complicated universe of opioid-related lawsuits across the U.S. that has drawn comparisons to the multistate litigation against tobacco companies in the 1990s. It reflects a path being taken by some big drug companies that see settling as in their best interests, in part because that route would likely not cost as much as losing in court repeatedly."
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