Skip to main content

$195.5M From National Opioid Settlement For New Mexico

$195.5M From National Opioid Settlement For New Mexico

$195.5M From National Opioid Settlement For New Mexico

Introduction

New Mexico will get $195.5 million from four pharmaceutical companies as part of a national opioid settlement for fueling the opioid crisis throughout the nation.

Drug manufacturer Johnson & Johnson (J&J), along with distributors Amerisource Bergen, Cardinal Health and McKesson agreed to settle a lawsuit brought by 23 states over growing opioid overdoses and abuse rates.

As per the agreement, New Mexico will deliver $107 million to the local governments over the next 18 years, whereas $88 million would be used to fund opioid abatement programs. The abatement activities would include medical assistance and treatment support programs for the people coping with the opioid addiction crisis.

The funds would also be used for public education about drug abuse which would help to address the opioid crisis more effectively. These four companies face the states’ federal lawsuit in Ohio, whereas New Mexico is seeking compensation from more than two dozen other companies. In September, the litigation will go to trial in the state capital of Santa Fe.

All the lawsuits allege that the companies failed to warn the users about the dangers and addictive nature of opioids. Officials representing the state even notified that the patients and parents need to be careful with opioid usage.

Brian McMath, director of the Consumer and Environmental Protection Division of the New Mexico Attorney General’s Office, has asked the users to dispose of these drugs if the prescription is expired. He even notified that the users must thoroughly educate themselves about the risks associated with the drugs and should communicate efficiently with their doctors before consuming the medicines.

Comments

Restricted HTML

  • Allowed HTML tags: <a href hreflang> <em> <strong> <cite> <blockquote cite> <code> <ul type> <ol start type> <li> <dl> <dt> <dd> <h2 id> <h3 id> <h4 id> <h5 id> <h6 id>
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.

Latest News

Court Approves $700M Opioid Settlement for Acute Hospitals

Categories: Opioids

A federal court has approved a $700 million class-action settlement that will compensate over 1,000 acute care hospitals for costs related to the opioid crisis.

The settlement consolidates four separate agreements involving major drug…

Philips Settles CPAP Lawsuits Over Toxic Foam for $1.1B

Philips has been embroiled in legal battles following the recall of millions of CPAP, BiPAP, and ventilator devices due to toxic foam degradation.

The breakdown of the foam in these machines may release harmful chemicals, raising serious…

Texas Trial to Decide J&J’s $10B Talcum Powder Settlement

Categories: Talcum

A high-stakes trial in Texas will determine whether Johnson & Johnson (J&J) can resolve tens of thousands of talcum powder cancer lawsuits through a…

🎁 March VIP Medical Record Review Offer – Get 300 Pages Free!         
Includes a Free Life Care Plan Report + 10% Off Future Reviews!

Only 15 Firms Accepted.