CLEVELAND — After a long day of negotiations on Friday between major drug industry corporations and thousands of local governments and states suing over the companies’ role in the opioid epidemic, talks ended with the parties — even among the plaintiffs — still far apart. “We worked hard to put together a $ 48 billion… Read More: Opioid Settlement Talks Stumble With Trial Set for Monday »
Purdue Pharma’s negotiations to settle thousands of lawsuits over the company’s role in the opioids crisis have turned into a standoff between members of the Sackler family, who own the company, and a group of state attorneys general over how much the family should pay and whether it can continue selling drugs abroad. The Sacklers… Read More: Sacklers vs. States: Settlement Talks Stumble Over Foreign Business »
Dive Brief: The government, CVS and interested parties including the American Medical Association, the AIDS Healthcare Foundation, Consumer Action and U.S. PIRG filed briefs Friday seeking to sway a federal judge’s thinking on whether the government’s proposed settlement of CVS’ acquisition of Aetna is in the public interest. Judge Richard Leon of the U.S. District… Read More: CVS, government urge federal judge to bless settlement pact »
Huntington Comprehensive Treatment Center in West Virginia West Virginia-based Acadia Healthcare, along with subsidiary CRC Health, has agreed to dole out $ 17 million to settle accusations of fraud, representing the largest fraud-related settlement in the history of the state, according to a settlement agreement released this week. CRC Health had been accused of collecting… Read More: Acadia Healthcare to pay $17 million in settlement of Medicare… »