J&J Reaches Settlement Agreement with New York in Opioid Case
J&J Reaches Settlement Agreement with New York in Opioid Case
Johnson & Johnson (J&J) has agreed to a $230 million settlement with New York preventing the drug marker from promoting opioids, and the company confirmed it has ended distribution of these products within the United States. New York Attorney General (AG) Letitia James’ said the agreement also restricts J&J from lobbying about opioids, even at the federal level. Johnson & Johnson has not marketed opioids in the U.S. since 2015 and fully discontinued the business in 2020.The $230 million total will be distributed according to an accelerated payment schedule to fund addiction treatment and abatement related to opioid use disorder (OUD) in New York communities who have struggled amid the epidemic. These payments will be allocated over nine years. Also, as part of the settlement, the drug maker could pay $30 million more in the first year if New York’s “executive chamber signs into law new legislation creating an opioid settlement fund,” according to the press release from the AG’s office.
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J&J Will Contribute Even More to Opioid Settlement FundsJohnson & Johnson is Facing 50k Lawsuits Seeking Billions
About Sara E. Teller
Sara is a credited freelance writer, editor, contributor, and essayist, as well as a novelist and poet with nearly twenty years of experience. A seasoned publishing professional, she's worked for newspapers, magazines and book publishers in content digitization, editorial, acquisitions and intellectual property. Sara has been an invited speaker at a Careers in Publishing & Authorship event at Michigan State University and a Reading and Writing Instructor at Sylvan Learning Center. She has an MBA degree with a concentration in Marketing and an MA in Clinical Mental Health Counseling, graduating with a 4.2/4.0 GPA. She is also a member of Chi Sigma Iota and a 2020 recipient of the Donald D. Davis scholarship recognizing social responsibility. Sara is certified in children's book writing, HTML coding and social media marketing. Her fifth book, PTSD: Healing from the Inside Out, was released in September 2019 and is available on Amazon. You can find her others books there, too, including Narcissistic Abuse: A Survival Guide, released in December 2017.