TBA Law Blog


Posted by: Kate Prince on Feb 28, 2022

An agreement for Johnson & Johnson and pharmaceutical distributors Cardinal, McKesson and AmerisourceBergen to pay $26 billion to 52 states and territories for their role in the opioid crises has been finalized. Attorney General Herbert Slatery announced final approval of the deal last week following successful state sign-on and subdivision sign-on periods. The agreement comes after three years of negotiations to resolve more than 4,000 claims from state and local governments across the country. Slatery and North Carolina’s attorney general spearheaded negotiations in the deal, which is the second largest multistate agreement in U.S. history. 150 local governments in Tennessee joined the settlement including every county and all cities with populations of 25,000 or more. The state will now receive $600 million over 18 years. Money will start flowing to state and local governments in the second quarter of 2022. Read more from the AG’s office.