Nevada to Join $26 Billion Opioid Settlement With J&J, Drug Distributors

Nevada to Join $26 Billion Opioid Settlement With J&J, Drug Distributors
The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S. on May 29, 2019. Brendan McDermid/Reuters File Photo
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Nevada has agreed to join a proposed nationwide settlement worth up to $26 billion resolving claims that three large U.S. drug distributors and the drugmaker Johnson & Johnson fueled a deadly opioid epidemic, the state’s attorney general said on Tuesday.

Nevada was one of a handful of states that until now was not participating in the landmark accord that would resolve thousands of opioid lawsuits against J&J, McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc .[nL1N2Q60H4]