Johnson & Johnson has agreed to a $20.4 million deal with two Ohio counties to avoid an upcoming trial over the opioid epidemic
By Sara Randazzo Updated Oct. 1, 2019 8:50 pm ET Johnson & Johnson JNJ 0.47% on Tuesday said it has agreed to a $20.4 million deal to avoid an upcoming trial accusing the company of helping spark an opioid-addiction crisis in two Ohio counties.
The settlement makes J&J the fourth drugmaker to reach such a deal ahead of the trial, slated to begin later this month in federal court in Cleveland. The trial is considered a bellwether for thousands of opioid-related lawsuits that municipalities and states have filed against drugmakers. The company said Tuesday the settlement allows it “to avoid the resource demands and uncertainty of a trial as it continues to seek meaningful progress in addressing the nation’s opioid crisis.”
Frank Gallucci, a lawyer for Cuyahoga County, said Tuesday “the settlement represents an important milestone in the litigation in that it gets much-needed funds to the county in the immediate future,” including funding to address the needs of opioid-exposed babies.Copyright ©2019 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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