New York City sues for $500 million in opioid-related damages

24 January 2018
medical_legal_law_big

The USA's City of New York has initiated legal proceedings against eight opioid manufacturers and distributors, suing for half a billion dollars in damages to help fight the ongoing opioid addiction crisis.

New York joins a growing list of state and local government bodies to file suits against the pharmaceuticals industry, alleging that companies deliberately understated the risks of addiction from prescription opioids.

Addiction to such medications, which often leads to dependency on illegal opioids such as heroin, contributed to an estimated 59,000 deaths from overdose in 2016.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical