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21 states rejected an $18 billion offer to settle opioid epidemic lawsuits, arguing it's not enough

14 days ago   |   By Business Insider

More than 20 states have rejected an offer from the pharmaceutical industry that would have paid some $18 billion over the course of 18 years to settle ongoing legislation drug companies' role in the opioid epidemic.
In a letter representing 21 states, Puerto Rico, and DC, the bipartisan attorneys general argue the proposed amount from three major drug distributors is insufficient and would be paid over too long a period.
The states also demanded "a global settlement," noting that "the most recently communicated offer is unlikely to achieve that goal," they said.
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U.S. states reject $18 bln proposal to settle opioid lawsuits, discussions ongoing -sources

U.S. states reject $18 bln proposal to settle opioid lawsuits, discussions ongoing -sources

14 days ago   |   By National Post

Twenty one states have rejected an $18 billion settlement proposal from three major U.S. drug distributors to resolve lawsuits over their alleged role in the opioid crisis, although settlement discussions continue, according to two sources familiar with the matter.
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