Skip to main content

WI Legislators To Accept State's Opioid Settlement Portion

WI Legislators To Accept State's Opioid Settlement Portion

WI Legislators To Accept State's Opioid Settlement Portion

Introduction

Legislators in Wisconsin are prepared to accept the state's portion of a settlement resulting from a separate multistate lawsuit accusing drug producers and distributors of fueling the nation's opioid crisis.

In November and December, a group of states and local governments obtained $19.2 billion in settlements from drug distributors Walmart, Walgreens, and CVS as well as opioid producers Teva and Allergan.

About $324.3 million will be given to Wisconsin, with 30% going to the state and 70% to county governments. The Joint Finance Committee of the Legislature will decide whether to accept the funds during an upcoming meeting.

If the corporations accept the settlements, they will also be subject to a Wisconsin circuit court order requiring them to significantly alter how prescription opioids are distributed and administered.

Teva and Allergan have agreed to limit opioid marketing, promotion, sales, and distribution. The pharmacy chains will put into practice requirements addressing compliance structures and pharmacist judgment in line with materials produced by the state Justice Department.

State and municipal governments, Native American tribes, unions, hospitals, and other organizations have filed more than 3,000 lawsuits in state and federal courts about the harm caused by opioids. Most claim that during a crisis that has been connected to 500,000 American deaths over the past 20 years, the industry created a public nuisance.

In 2022, Wisconsin reached comparable agreements with four opioid industry players: Johnson & Johnson, AmerisourceBergen, Cardinal Health, and McKesson.

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.