Articles by Nate Raymond

Oklahoma Judge Approves Revised $85M Opioid Settlement With Teva

An Oklahoma judge has approved a revised $85 million settlement with Teva Pharmaceutical Industries Ltd. resolving claims by the state’s attorney general that the drugmaker helped fuel the U.S. opioid epidemic. The decision by Cleveland County District Judge Thad Balkman …

Supreme Court to Hear Fight Over $12 Billion Obamacare Payments to Insurers

The U.S. Supreme Court on Monday agreed to decide whether insurers can seek $12 billion from the federal government under a program set up by the Obamacare law aimed at encouraging them to offer medical coverage to previously uninsured Americans. …

Plaintiffs Suing Drug Firms Eye Opioid Settlement Involving Every County, Municipality

Lawyers representing county and municipal governments accusing drug manufacturers and distributors of fueling the U.S. opioid epidemic proposed a novel plan on Friday that would allow every community nationally to participate in negotiating billions of dollars in settlements. The proposal …

Oklahoma’s Opioid Trial Against Drugmakers J&J, Teva Set to Begin

Gail Box vividly remembers the day in May 2011 when she first learned her 22-year-old son Austin, a University of Oklahoma linebacker, was abusing opioid painkillers: It was the day he died of an overdose. In a few months he …

McKesson to Pay $37M to Resolve West Virginia Opioid Suit

Drug distributor McKesson Corp has agreed to pay $37 million to resolve a lawsuit by the state of West Virginia alleging it helped fuel a U.S. opioid epidemic by failing to stop suspicious orders of painkillers by pharmacies in the …

Purdue’s Sackler Family Asks Judge to Toss Massachusetts Opioid Case

Members of the Sackler family behind OxyContin maker Purdue Pharma LP have asked a judge to toss a lawsuit by Massachusetts’ attorney general claiming they helped fuel the U.S. opioid epidemic, arguing it contains “misleading and inflammatory allegations.” The wealthy …

Purdue to Settle Oklahoma’s Opioids Lawsuit Weeks Before Trial to Open

Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the OxyContin painkiller maker of helping fuel an opioid abuse epidemic, a person familiar with the matter said. It is the first settlement to result …

Oklahoma Judge Denies Purdue Pharma Bid to Delay Landmark Opioid Trial

OxyContin maker Purdue Pharma LP and two other drugmakers on Friday lost a bid to delay a landmark trial set for May in a multibillion-dollar lawsuit by Oklahoma’s attorney general accusing them of helping fuel an opioid abuse and overdose …

Family Behind Purdue Pharma Pushed Opioid Marketing, Massachusetts Says

Members of the wealthy Sackler family behind Purdue Pharma LP pushed it to boost sales of OxyContin and other opioids even as questions emerged about the extent its painkillers were being abused, Massachusetts’ attorney general alleged on Tuesday. Attorney General …

Former Insys CEO Pleads Guilty to Opioid Bribes; Agrees to Work with Prosecutors

The former chief executive of Insys Therapeutics Inc. pleaded guilty on Wednesday to participating in a nationwide scheme to bribe doctors to prescribe an addictive opioid medication and has agreed to become a government witness. Michael Babich, who resigned as …