The settlement agreement came just days before opening arguments in a sweeping trial of several defendants, including the company.
Johnson & Johnson will pay New York State more than $230 million in a settlement that also ensures the company will permanently get out of the opioid business in the United States, the state attorney general’s office announced on Saturday. The settlement comes at a time when the opioid industry is facing over 3,000 lawsuits across the nation for its contribution to an epidemic of prescription and street opioid abuse that has killed more than 800,000 Americans in the last 20 years, according to the United States Centers for Disease Control and Prevention. And it came just days before opening arguments in a sweeping New York trial in which the company was to be a defendant. That trial will be the first of its kind to go before a jury, and the first targeting the entire opioid supply chain, from the drugmakers who manufactured the pills, to the distributors that supplied them, and a pharmacy chain that filled prescriptions for them.
