Amneal Pharmaceuticals opioid settlement overview:
- Who: New York Attorney General Letitia James announced a $270 million opioid settlement with Amneal Pharmaceuticals.
- Why: The opioid manufacturer had been accused of failing to monitor and report suspicious orders of opioids in violation of federal law.
- Where: The Amneal Pharmaceuticals settlement affects state and local governments that signed on to the litigation.
New York Attorney General Letitia James announced a $270 million multistate opioid settlement with Amneal Pharmaceuticals over the drug maker’s alleged role in the nationwide opioid crisis, Law360 reports.
Amneal manufactures generic opioid drugs and sold close to nine billion pills between 2006 and 2019, according to James’ May 3 press release. The drug maker had been accused of violating federal law by failing to monitor and report suspicious orders of opioids.
Amneal Pharmaceuticals settlement will provide funds and naloxone to participants
The Amneal Pharmaceuticals settlement will reportedly provide $92.5 million over the next decade and $180 worth of the overdose treatment medication naloxone to participating states and local governments.
The attorneys general of California, Delaware, Tennessee, Utah and Virginia also negotiated with Amneal Pharmaceuticals to reach the opioid settlement in principle.
“While this settlement can’t fully reverse the damage done as a result of the national crisis, it will provide essential funding and resources for New York and other states to ensure those suffering get the help they need,” James said. “I am proud to have secured over $2.7 billion to tackle the opioid epidemic in New York, and my office will continue to hold accountable the companies responsible for fueling this crisis.”
Amneal Pharmaceuticals did not admit wrongdoing when it agreed to the opioid settlement in principle.
“We remain committed to helping those impacted by the opioid crisis by enhancing access to naloxone nasal spray, which is an emergency treatment for opioid overdose and helps save lives,” Amneal Pharmaceuticals said in a statement.
AG James says her coalitions with other state AGs secured billions in opioid settlements
Earlier this year, Hikma Pharmaceuticals agreed to a $150 million opioid settlement over similar allegations that it helped fuel the opioid crisis by failing to report suspicious orders of the drug.
Attorney General James says she filed the most extensive opioid lawsuit in 2019, taking aim at opioid makers and distributors for their alleged role in fueling the opioid crisis. She has teamed up with attorneys general in other states to secure billions of dollars in opioid settlements with pharmaceutical giants CVS, Walgreens and Walmart for allegedly failing to properly regulate prescriptions.
What do you think about the Amneal Pharmaceuticals opioid settlement? Join the discussion in the comments.
The state of New York is represented by First Deputy Attorney General Jennifer Levy and Assistant Attorney General Matthew Conrad.
Don’t Miss Out!
Check out our list of Class Action Lawsuits and Class Action Settlements you may qualify to join!
Read About More Class Action Lawsuits & Class Action Settlements:
15 thoughts onNY AG reaches $270M multistate opioid settlement with Amneal Pharmaceuticals
I’ve been taken these pills for about 15 yrs. I don’t like taking anything like it but I’ve try difference thing to relieve the pain that I have in my lower back at spine levels S1-S2-L1-L2-L3 which hurt’s me every day . If thire was another way in witch would help me out, you dam well believe I do it! But there no one or any rehab place that been able to do so. My spine doctor didn’t recommend surgery on my back, and he world renowned and he told me that that I would know when it was time to get it done. I don’t over use my medication prescribed to me from my doctor. The thing about what going on today is that people or like little children they need some one to hold their hand so they don’t over do it. Am 73 years old and if I did need the operation I don’t think I could make it though that. That it too late for me to get off they pill even though you can’get something that help take away the pain because of spoiled little children that couldn’t keep their finger out of the bottle. It all a mind game. Thank you for reading this.
Ok thank you very much
I did claim for this and I haven’t heard anything back definitely was hoping be nice finally get something positive out my misery for last 20÷ years I got put on Lortab in 2003 and year later went detox and put on suboxone program and here I am still have take them everyday and I hate it