NY to receive $230M as part of opioid agreement
ROCHESTER, N.Y. (WHEC) — New York is set to receive $230 million as part of the opioid agreement with three major pharmaceutical distributors.
The money is coming from Cardinal, McKesson, AmerisourceBergen and Johnson & Johnson for the companies’ roles in the opioid crisis.
New York Attorney General Letitia James said Thursday the state will receive its full piece of the $26 billion settlement.
Fifty-two states and territories and thousands of local governments around the country have signed on to receive their share since July.
The cases against Mallinckrodt and Rochester Drug Cooperative are now moving separately through U.S. Bankruptcy Court.
A trial will be held against Teva Pharmaceuticals to determine how much it will be required to pay after it was found liable for its role in the opioid crisis last month.