Tag Archives: Opioid

Big Pharmacy Chains Also Fed the Opioid Epidemic, Court Filing Says

Through years of lawsuits and rising public anger over the opioid epidemic, the big American pharmacy retailers have largely eluded scrutiny. But a new court filing Wednesday morning asserts that pharmacies including CVS, Rite Aid, Walgreens and Giant Eagle as well as those operated by Walmart were as complicit in perpetuating the crisis as the… Read More »

Federal prosecutors open criminal probe of opioid makers and distributors, report says

This illustration image shows tablets of opioid painkiller Oxycodon delivered on medical prescription taken in Washington, DC. Eric Baradat | AFP | Getty Images Federal prosecutors in Brooklyn have opened a criminal probe of opioid manufacturers and distributors, the Wall Street Journal reported on Tuesday.  Companies including Teva, McKesson, Mallinckrodt, AmerisourceBergen, Johnson & Johnson and Amneal… Read More »

Johnson & Johnson stock climbs as judge reduces opioid penalty to $465 million

Alex Gorsky, Chairman and CEO of Johnson & Johnson. Adam Jeffery | CNBC Johnson & Johnson shares climbed about 3% Friday after an Oklahoma judge reduced the penalty the company must pay over the state’s opioid lawsuit from $ 572 million to $ 465 million. Immediately after the reduction, the company said it would appeal… Read More »