J&J settles with Ohio counties ahead of opioid trial
FILE PHOTO: The company logo for Johnson & Johnson is displayed on a screen to celebrate the 75th anniversary of the company's listing at the New York Stock Exchange in New York, U.S., September 17, 2019. REUTERS/Brendan McDermid
- Johnson & Johnson said on Tuesday it will pay $20.4 million to settle claims by two Ohio counties in a lawsuit that accused the drugmaker of contributing to an U.S. opioid addiction epidemic. The company said in a statement the settlement removes it from a federal trial against multiple manufacturers and distributors scheduled to begin on Oct. 21..
J&J will pay $10 million to Cuyahoga and Summit counties, reimburse $5 million of their legal and other expenses and provide $5.4 million to non-profit organizations that run opioid-related programs in the counties. On Monday, Mallinckrodt Plc finalized a $24 million settlement agreement with the same two counties.
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