Pharmaceutical giant Johnson & Johnson reached a $20.4 million settlement agreement with two Ohio counties ahead of the landmark opioid trial scheduled to start later this month, the company announced
Johnson & Johnson would provide $10 million to Cuyahoga and Summit counties and $5 million to reimburse legal and other expenses. The company would also give $5.4 million to non-profit groups in connection with opioid-related programs for both counties.The settlement allows Johnson & Johnson to avoid a federal trial. CNN has reached out to an attorney for the plaintiffs and officials at both counties for comment.
"Read MoreJohnson & Johnson noted the settlement agreement would resolve"all of the counties' claims with no admission of liability," according to a statement.The landmark trial is scheduled to begin October 21 and combines nearly 2,000 cases involving cities, counties, communities and tribal lands.
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