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21 states rejected an $18 billion offer to settle opioid epidemic lawsuits, arguing it's not enough

3 days ago   |   By Business Insider

Justin Sullivan/Getty Images
More than 20 states have rejected an offer from the pharmaceutical industry that would have paid some $18 billion over the course of 18 years to settle ongoing legislation drug companies' role in the opioid epidemic.
In a letter representing 21 states, Puerto Rico, and DC, the bipartisan attorneys general argue the proposed amount from three major drug distributors is insufficient and would be paid over too long a period.
The states also demanded "a global settlement," noting that "the most recently communicated offer is unlikely to achieve that goal," they...
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