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Ohio is getting more than a billion dollars in settlement money to compensate for the harm of opioids. The state is taking lessons from past mistakes with an even larger drug settlement decades ago.
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Ohio and its communities are expected to receive about $2 billion from pharmaceutical companies over the course of 18 years to compensate for harm caused by opioids. But there’s not much oversight over how the money will be spent.
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Health, Science & EnvironmentThe OneOhio Recovery Foundation, who has been tasked with distributing over $860 million of settlements reached with drugmakers and pharmaceutical companies for their roles in the national opioid crisis, plans to release its formal request for proposals Monday.
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A last minute addition to the Ohio Senate’s two-year state budget included a provision to allow the OneOhio Recovery Foundation — which is in charge of giving out $1.1 billion of the state’s opioid settlement money — to bypass public meetings rules.
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As money is funneled to states, opioid councils wield significant power in determining how it gets spent. They face concerns about conflicts of interest and lack of representation by affected groups.
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Health, Science & EnvironmentThe federal lawsuit claimed Indivior Inc. made changes to its product to extend the patent, preventing other companies from making cheaper alternatives.
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The state panel that will decide how Ohio distributes more than half of the money it will receive from a nationwide settlement regarding the opioid addiction crisis must make its records publicly available, the state Supreme Court ruled Thursday.
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The deal, hashed out over weeks of intense negotiations, raises the amount paid by the Sacklers by more than $1 billion. In exchange, the family members win immunity from civil opioid lawsuits.
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Companies at the center of the deadly prescription opioid epidemic are close to deals that would cap their liability while funding drug treatment and recovery programs.
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Ohio Attorney General Dave Yost said more cities or entities must sign on for it to work.