Opioid settlement expected to net $400M for Wisconsin

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FILE – This Aug. 29, 2018, file photo shows an arrangement of Oxycodone pills in New York. The three biggest U.S. drug distribution companies and the drugmaker Johnson & Johnson are on the verge of a $26 billion settlement covering thousands of lawsuits over the toll of opioids across the U.S., two people with knowledge of the plans told The Associated Press. The settlement involving AmerisourceBergen, Cardinal Health and McKesson is expected this week. A $1 billion-plus deal involving the three distributors and the state of New York was planned for Tuesday, July 20, 2021. (AP Photo/Mark Lennihan, File)

MADISON, Wis. (AP) — Wisconsin is set to receive about $400 million as part of a proposed $26 billion national legal settlement over the opioid crisis.

Attorney General Josh Kaul announced Wisconsin’s share of the settlement with the three biggest U.S. drug distribution companies and drugmaker Johnson & Johnson on Wednesday.

The agreement calls for Johnson & Johnson to pay up to $5 billion, AmerisourceBergen and Cardinal Health to each contribute $6.4 billion, and McKesson to pay $7.9 billion.

Additionally, Johnson & Johnson has agreed to stop selling opioids and the distributors have agreed to establish an independent clearinghouse that will track the amount of opioids they send to health care providers and localities.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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