Pennsylvania’s top law enforcement official has reached a deal with another pharmaceutical company for fueling the opioid epidemic.
Attorney General Josh Shapiro and six other attorneys general reached the $450 million agreement with Endo International.
Along with a payment of over $450 million in cash over a 10 year period, this agreement requires Endo to pay nearly $3 million to publish an online public document archive, and bans the marketing of Endo opoids forever.
Endo is headquartered in Malvern, PA where it makes generic and branded opioids like Percocet. The company recently filed for Chapter 11 bankruptcy protection following accusations that it boosted sales using deceptive marketing that downplayed risk of addiction.
Including this settlement, nearly $41 billion has been secured in settlements with opoid manufacturers and distributors.
