Articles by Nate Raymond

CVS, Walgreens, Walmart to Make Closing Arguments in Ohio Opioid Trial

A jury is set to hear closing arguments on Monday in a trial in federal court in Cleveland focused on claims by two counties in Ohio that three major retail pharmacy chains – CVS, Walgreens and Walmart – fueled the …

From Baby Powder to Implants: J&J’s Biggest Legal Liabilities As It Prepares to Split

Johnson & Johnson on Friday said it would split into two companies , hiving off its consumer health division that sells Band-Aids and Baby Powder from its pharmaceuticals and medical devices business. The separate companies will have to divide up …

Ruling in Opioid Marketing Case a Setback for States Arguing Public Nuisance

The Oklahoma Supreme Court on Tuesday overturned a $465 million judgment against Johnson & Johnson in a lawsuit by the state alleging the drugmaker fueled the opioid epidemic through the deceptive marketing of painkillers. The decision marked the latest setback …

Judge Finds Drugmakers Not Liable in First Trial Win in Opioid Litigation

A California judge on Monday said he would rule against several large counties that accused four drugmakers of fueling the U.S. opioid epidemic, saying they failed during a trial to prove their $50 billion case. Orange County Superior Court Judge …

Publicis Loses Bid to Escape Massachusetts Opioid Marketing Lawsuit

A unit of French advertising company Publicis Groupe SA on Friday lost a bid to dismiss a lawsuit by Massachusetts’ attorney general claiming it helped OxyContin maker Purdue Pharma LP fuel the U.S. opioid epidemic. Publicis Health had called Attorney …

J&J Spends $800M to Settle Most Risperdal Lawsuits

Johnson & Johnson said it has settled most of the lawsuits it faced by thousands of men who claimed its anti-psychotic drug Risperdal caused them to develop excessive breast tissue and disclosed that it recorded $800 million in expenses in …

Judge Questions California Counties’ Opioid Case Against Drugmakers

A California judge on Thursday said several large counties accusing four drugmakers of fueling an opioid epidemic had presented a “dearth of evidence” during a multi-billion dollar trial to support finding the companies’ pain pill marketing caused the health crisis. …

Big Pharmacy Chains Under Pressure to Settle Opioid Claims Before Their First Trial

Four large pharmacy chains are set to face their first trial over the deadly U.S. opioid epidemic, creating new pressure to reach settlements with state and local governments who accuse them of contributing to the public health crisis. The Ohio …

3 Largest Opioid Distributors to Pay Native American Tribe $75M to Settle Claims

The three largest U.S. drug distributors will pay more than $75 million to resolve claims they fueled an opioid epidemic in the Cherokee Nation’s territory in Oklahoma, marking the first settlement with a tribal government in the litigation over the …

Drugmaker Endo Settles Opioid Claims by New York, Counties for $50M

Drugmaker Endo International Plc on Thursday said it has agreed to pay $50 million to resolve lawsuits by New York state and two of its largest counties related to the sale and marketing of opioids. Endo said the settlement includes …