Opiods News

New York AG Says State to Receive $230M From $26B Opioid Settlement

New York Attorney General Letitia James said the state will receive the maximum amount of $230 million available under the $26 billion settlement agreement.with the nation’s three major pharmaceutical distributors — Cardinal, McKesson, and AmerisourceBergen — and Johnson & Johnson …

Judge Asks If Opioid Maker Purdue’s Owners Abused Bankruptcy to Shield Assets

A U.S. judge on Tuesday questioned whether members of the Sackler family that owned Purdue Pharma abused the bankruptcy system, as she considers whether to overturn a ruling that shielded the Sacklers from liability over the opioid epidemic. U.S. District …

Pharmacy Cost in Workers’ Compensation Continues to Fall: CompPharma Survey

Workers’ compensation payers saw an average 11 percent reduction in their pharmacy spend in 2016, driven by a 13.3 percent reduction in opioid cost, according to an annual survey by pharmacy benefit manager CompPharma. CompPharma’s 14th Annual Survey of Prescription …

Experts: Forget Government, Companies Must Step up to Combat Cyber Threats

Don’t rely on the U.S. government to protect your business from cyber threats. That was the consensus among experts speaking about cyber programs at a risk management conference on Tuesday. “The U.S. government hasn’t done a lot to protect cyberspace,” …

University of Michigan Gets $2.5M to Study Opioid Epidemic, Other Injuries

The University of Michigan Injury Center has received $2.5 million from the Centers for Disease Control for research into the prevention of prescription drug overdoses, concussion, youth violence, motor vehicle crashes, sexual violence, falls and other injuries. “Injury is the …