Major U.S. pharmacy chain Rite Aid announced on Sunday that it has filed for bankruptcy and secured $3.45 billion in fresh funding. This comes as the company faces declining sales and lawsuits related to opioids. In 2022, Rite Aid agreed to pay up to $30 million to settle lawsuits alleging its pharmacies contributed to the …
Kroger will pay up to $1.4 billion over 11 years to settle most of the litigation against the grocery giant related to the opioid epidemic in the U.S. This move comes as a response to the crisis that has plagued the country for over a decade. As one of the largest supermarket and drugstore chains …
Kroger, the popular supermarket chain, has recently reached a potential agreement in principle worth $1.2 billion to settle the majority of claims made by states, local governments, and Native American tribes. These entities accused Kroger of contributing to the opioid epidemic. In a statement released on Friday, Kroger announced its commitment to pay up to …
In a groundbreaking development, the life-saving opioid overdose antidote Narcan will soon be available over the counter, marking the first time a treatment of this nature can be obtained without a prescription. Emergent BioSolutions, the manufacturer of Narcan, announced on Wednesday that the initial shipment of the nasal spray has been dispatched to leading drug …
The Supreme Court has agreed to review the challenge posed by the Biden administration to a $6 billion bankruptcy settlement for Purdue Pharma. The administration is concerned about a provision in the deal that would protect the Sackler family, who own the company, from future opioid-related claims. The case will be heard in December with …
MINNEAPOLIS – Many individuals in the East African community silently struggle with opioid addiction. To break down stigmas and promote support, a compelling documentary called “The Forgotten Ones” has been released. Abdirahman Warsame, the film’s producer, believes that storytelling will create empathy and foster connection, as connection is essential in overcoming addiction and achieving sobriety. …
I have an aversion to discussing it, but I must address the unfortunate reality of the opioid epidemic that I, among countless others, have been impacted by. You see, I suffer from a rare condition known as sarcoidosis. This debilitating disease ravaged my brain for a painful 12 years, leaving me blind and dizzy, and …
A high-ranking official at the U.S. Drug Enforcement Administration (DEA) has tendered his resignation following a report by the Associated Press regarding his past involvement with the pharmaceutical industry. Louis Milione, the former principal deputy administrator for the DEA, served as a consultant for major pharmaceutical companies, including Perdue Pharma, for a period of four …