21 U.S. states are rejecting an $18 billion offer by McKesson Corp. and other opioid distributors to resolve nationwide litigation over their handling of the highly addictive painkillers, according to people familiar with the talks.
In a letter sent to lawyers for McKesson, Cardinal Health Inc. and AmerisourceBergen Corp. earlier this week, the states’ attorneys general said the distributors’ settlement offer is unacceptable “as currently structured.”
The companies would pay the combined $18 billion over 18 years according to the deal’s current iteration. The one-paragraph letter’s first three signatures were from the attorneys general of Florida, Ohio and Connecticut.
✄
Drugmakers are accused of pushing opioid prescriptions on doctors across the U.S. and downplaying the risks of addiction, while distributors and pharmacies are accused of turning a blind eye to suspicious orders and failing to meet government-compliance requirements covering the painkillers.
More than 400,000 Americans have died of opioid overdoses over two decades as U.S. addiction rates surged, and local communities have sued to recover expenses on more drug treatment and police services.
“Neo” means we are talking about a new kind of liberalism. So what was the old kind? The liberal school of economics became famous in Europe when Adam Smith, an Scottish economist, published a book in 1776 called THE WEALTH OF NATIONS. He and others advocated the abolition of government intervention in economic matters. No restrictions on manufacturing, no barriers to commerce, no tariffs, he said; free trade was the best way for a nation’s economy to develop. Such ideas were “liberal” in the sense of no controls. This application of individualism encouraged “free” enterprise," “free” competition — which came to mean, free for the capitalists to make huge profits as they wished.
MS72 about 4 years ago
But does it cure anything?
V45mikky about 4 years ago
The side effect is tears of joy? or goosebumps?
Michael G. about 4 years ago
Why trouble your pretty little head with details, girl? :-O
Silly Season about 4 years ago
https://www.bloomberg.com/news/articles/2020-02-14/states-nix-18-billion-opioid-sellers-settlement-offer
21 U.S. states are rejecting an $18 billion offer by McKesson Corp. and other opioid distributors to resolve nationwide litigation over their handling of the highly addictive painkillers, according to people familiar with the talks.
In a letter sent to lawyers for McKesson, Cardinal Health Inc. and AmerisourceBergen Corp. earlier this week, the states’ attorneys general said the distributors’ settlement offer is unacceptable “as currently structured.”
The companies would pay the combined $18 billion over 18 years according to the deal’s current iteration. The one-paragraph letter’s first three signatures were from the attorneys general of Florida, Ohio and Connecticut.
✄
Drugmakers are accused of pushing opioid prescriptions on doctors across the U.S. and downplaying the risks of addiction, while distributors and pharmacies are accused of turning a blind eye to suspicious orders and failing to meet government-compliance requirements covering the painkillers.
More than 400,000 Americans have died of opioid overdoses over two decades as U.S. addiction rates surged, and local communities have sued to recover expenses on more drug treatment and police services.
Night-Gaunt49[Bozo is Boffo] about 4 years ago
“Neo” means we are talking about a new kind of liberalism. So what was the old kind? The liberal school of economics became famous in Europe when Adam Smith, an Scottish economist, published a book in 1776 called THE WEALTH OF NATIONS. He and others advocated the abolition of government intervention in economic matters. No restrictions on manufacturing, no barriers to commerce, no tariffs, he said; free trade was the best way for a nation’s economy to develop. Such ideas were “liberal” in the sense of no controls. This application of individualism encouraged “free” enterprise," “free” competition — which came to mean, free for the capitalists to make huge profits as they wished.
https://corpwatch.org/article/what-neoliberalism