InvestorsHub Logo
Followers 6
Posts 1448
Boards Moderated 0
Alias Born 03/15/2005

Re: notanindex post# 19315

Friday, 07/08/2022 11:03:49 AM

Friday, July 08, 2022 11:03:49 AM

Post# of 19557
The State of West Virginia has been Obtaining Opioid Settlements in the Hundreds of Millions of Dollars.

RE: Opioid Settlements in West Virginia

Just to Name a Few:

1.) The State of West Virginia Settled with the three distributors in 2017 and 2019 in Deals worth a Total of $73 Million Dollars.
($37 Million with distributor McKesson in 2019, and $20 Million with Cardinal Health and $16 Million with AmerisourceBergen in 2017)

2.) Teva, AbbVie's Allergan Hand Over $161 Million Dollars to Settle Opioid Lawsuit in West Virginia.

3.) $26 Million Settlement in March with Endo Health Solutions

4.) Johnson & Johnson Subsidiary (Janssen)Settles West Virginia Opioid Lawsuit for $99 Million Dollars

We Expect Some Portion of the Hundreds of Millions of Dollars in Funds from Opioid Settlements in the State of West Virginia to Flow Towards Veltex Recovery Group.

(Especially since Veltex and The State of West Virginia has a Collaboration Agreement)

Best Wishes,

Gratzi