Latest AmerisourceBergen Corp News

New York judge sets opioid crisis trial for January

Nov. 7, 2019 12:22 PM EST

CENTRAL ISLIP, N.Y. (AP) — A New York judge on Wednesday scheduled what could be the second state-level trial in the U.S. on the toll of opioids. Judge Jerry Garguilo set a trial date of Jan. 20 for claims brought by the state attorney general and the Long Island counties of Nassau and Suffolk against a...

$260 million deal averts 1st federal trial on opioid crisis

Oct. 21, 2019 5:23 PM EDT

CLEVELAND (AP) — The nation's three biggest drug distributors and a major drugmaker agreed to an 11th-hour, $260 million settlement Monday over the terrible toll taken by opioids in two Ohio counties, averting the first federal trial over the crisis. The trial, involving Cleveland's Cuyahoga County and...

The Latest: National opioid settlement could be hard sell

Oct. 21, 2019 5:15 PM EDT

CLEVELAND (AP) — The Latest on a settlement in opioid lawsuits (all times local): 5:15 p.m. A group of state attorneys general is pushing officials from other state and local governments to accept a $48 billion deal to settle all the opioid-related lawsuits against two drugmakers and the three biggest...

Jury seated in opioid case, but settlement talks go on

Oct. 17, 2019 1:44 PM EDT

CLEVELAND (AP) — A jury was seated Thursday for the first federal trial on the opioid crisis, but the push to settle the case before opening arguments next week continued, with company officials expected to gather for further talks. U.S District Judge Dan Polster had ordered executives for the companies...

Drug distributor shares spike on word of opioid settlement

Oct. 16, 2019 11:17 AM EDT

Shares of big drug distributors soared Wednesday on word of a potential settlement ahead of the first federal trial over the opioid crisis. Two people with knowledge of the negotiations, which have lasted months, confirmed to The Associated Press that McKesson Corp., AmerisourceBergen Corp., and Cardinal Health,...