TOPLINEMultiple states are seeking a combined $26.4 billion from three major drug distributors and drugmaker Johnson & Johnson to help pay for damages brought on by addiction to opioid drugs manufactured and sold by the companies, the Wall Street Journal reported on Tuesday, citing sources. States are seeking $26.4 in damages from opioid drugmakers and distributors accusing them of ... [+] contributing to the influx of opioids into their communities. Gado via Getty ImagesKEY FACTSAbout a dozen attorneys general are seeking a collective $21.14 billion from three distributors including McKesson Corp, AmerisourceBergen and Cardinal Health; and $5.28 billion from Johnson & Johnson. The pandemic has also delayed a high profile trial that pit New York state against McKesson, Johnson & Johnson and others. Further ReadingStates Seek $26.4 Billion From Drug Companies in Opioid Litigation (The Wall Street Journal)Multiple states say the opioid crisis cost American economy over $2 trillion (CNN)

Source: Forbes August 18, 2020 12:56 UTC