Latest Cardinal Health Inc News

Pharmacies face 1st trial over role in opioid crisis

Oct. 02, 2021 11:48 AM EDT

CLEVELAND (AP) — So many prescription painkillers were dispensed in Lake County, Ohio, between 2012 and 2016 that the amount equaled 265 pills for every resident. Just to the south, the flood of prescription opioids during the same period equated to 400 pills for every resident of Trumbull...

Cherokee Nation reaches $75M settlement with drug companies

Sep. 28, 2021 18:48 PM EDT

OKLAHOMA CITY (AP) — The Cherokee Nation and three opioid distributors reached a $75 million settlement to resolve opioid-related claims against the companies, the tribe and the companies announced Tuesday. The Tahlequah, Oklahoma-based tribe announced the settlement,...

Endo latest company to settle with New York over opioids

Sep. 09, 2021 23:14 PM EDT

NEW YORK (AP) — The state of New York and two large counties agreed Thursday a $50 million deal to end their lawsuits with drugmaker Endo International, in the latest of a progression of settlements of government claims over the opioid addiction and overdose crisis. ...

Editorial Roundup: Pennsylvania

Sep. 08, 2021 09:04 AM EDT

Philadelphia Inquirer. Sept. 6, 2021. Editorial: 20 years after 9/11, reflecting on grief, justice, and vengeance By the time the sun set on the evening of Sept. 11, 2001, a wounded, grieving nation wept. The full magnitude of the loss of life...

Companies: $26B settlement of opioid lawsuits to move ahead

Sep. 04, 2021 20:15 PM EDT

Four companies in the drug industry said Saturday that enough states had agreed to a settlement of lawsuits over the opioid crisis for them to move ahead with the $26 billion deal. An announcement from the three largest U.S. drug distribution companies and a confirmation...

Nevada rejects $26B multistate opioid pact, to seek own deal

Aug. 25, 2021 17:43 PM EDT

LAS VEGAS (AP) — Nevada has joined a small number of states rejecting a $26 billion multistate settlement reached last month with an opioid drug maker and distributors, and will seek separate compensation for what the state attorney general called “the tragedy of the opioid crisis.” ...

Editorial Roundup: Ohio

Aug. 16, 2021 09:16 AM EDT

Youngstown Vindicator. Aug. 13, 2021. Editorial: More urgency needed on Ohio redistricting Elected officials and bureaucrats are not known for their sense of urgency in getting things done. For the most part, they operate in a world that would make...

Purdue Pharma director grilled on proposed opioid settlement

Aug. 12, 2021 16:49 PM EDT

NEW YORK (AP) — Purdue Pharma's quest to settle thousands of lawsuits over the toll of OxyContin and its other prescription opioid painkillers entered its final phase Thursday with the grudging support of many of those who have claims against the company. But the...

Kentucky AG criticizes governor's handling of COVID crisis

Aug. 06, 2021 16:23 PM EDT

FRANKFORT, Ky. (AP) — Kentucky's Republican attorney general lambasted the Democratic governor for pursuing what he said was a “go-it-alone strategy” to combat the spread of COVID-19, as the political rivals await a pivotal court ruling in a case testing the governor's executive powers....

Hanesbrands, Wynn Resorts rise; Roku, Etsy fall

Aug. 05, 2021 16:46 PM EDT

Stocks that traded heavily or had substantial price changes Thursday: Roku Inc., down $16.84 to $403.48. The video streaming company fell short of Wall Street forecasts for active accounts and streaming hours during the second quarter. ...