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The tentative settlement calls for the money to be paid out over time with the Tacklers relinquishing control of the company.
Three companies distributed nearly half of the pills: McKesson with 14.1 billion, Walgreens with 12.6 billion and Cardinal Health with 10.7 billion. The leading manufacturer was Mallinckrodt's Spec with nearly 28.9 billion pills, or nearly 38 percent of the market.
In doing so, they joined opioid manufacturers Johnson & Johnson, Mallinckrodt, End International and Allergen, among other companies, in electing to settle rather than try their chances in court.
Purdue Pharma, which makes the opioid painkiller OxyContin, and the Tackler family have denied the allegations laid out in the lawsuits.
In doing so, they joined opioid manufacturers Johnson & Johnson, Mallinckrodt, End International and Allergen, among other companies, in electing to settle rather than try their chances in court.
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