AbbVie Inc News

Tentative $161.5 Million Settlement Reached in Opioid Trial

CHARLESTON, W.Va. (AP) — Attorneys for the state of West Virginia and two remaining pharmaceutical manufacturers have reached a tentative $161.5 million settlement just as closing arguments were set to begin in a seven-week trial over the opioid epidemic, Attorney …

Florida Reaches $878M Opioid Settlements With CVS, Teva, Others

Florida has reached more than $878 million in settlements with CVS Health Corp and three drug companies to resolve claims and avert a trial next month over their roles in fueling an opioid epidemic in the third most populous state. …

California Judge Delivers Drugmakers 1st Trial Win in Opioid Litigation

A California judge on Monday said he would rule against several large counties that accused four drugmakers of fueling the U.S. opioid epidemic, saying they failed during a trial to prove their $50 billion case. Orange County Superior Court Judge …

California Judge Questions Counties’ Opioid Case Against Drugmakers at Trial’s End

A California judge on Thursday said several large counties accusing four drugmakers of fueling an opioid epidemic had presented a “dearth of evidence” during a multi-billion dollar trial to support finding the companies’ pain pill marketing caused the health crisis. …

J&J, Other Drugmakers Go to Trial in California in $50B Case Over ‘Deadly Legacy’ of Opioids

Four drugmakers helped cause the deadly U.S. opioid epidemic by deceptively marketing their drugs and downplaying their addictive risks, a lawyer for several California counties argued on Monday at the start of a multibillion-dollar trial. Those counties accuse Johnson & …