State of Alabama Reaches Settlements with Two Opioid Manufacturers, One Distributor - Alabama News

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State of Alabama Reaches Settlements with Two Opioid Manufacturers, One Distributor - Alabama News
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Alabama Attorney General Steve Marshall has announced that the state has reached settlements with two pharmaceutical manufacturers and one distributor for about $276 million to resolve the state's claims against them in the opioid crisis. alnews opioi...

Alabama Attorney General Steve Marshall has announced that the state has reached settlements with two pharmaceutical manufacturers and one distributor for about $276 million to resolve the state’s claims against them in the opioid crisis.Endo Pharmaceutical: The State of Alabama and its subdivisions will receive $25 million this year in a lump-sum payment.

McKesson: The State of Alabama and its subdivisions will receive $141 million over nine years. Under the national settlement, the state would have received only $115.8 million, paid out over eighteen years. The settlement funds will be split 50/50 between the state and its subdivisions. “These three settlement agreements affirm my decision to decline participation in the national opioid settlements, which did not adequately acknowledge the unique harm that Alabamians have endured and would have redirected millions of dollars to bigger states that experienced a less severe impact,” Attorney General Steve Marshall said.

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