North Carolina Attorney General Josh Stein will visit Lincolnton this Thursday afternoon (Oct. 6th) to meet with City and County officials to discuss Lincoln County’s allocation from a $26 billion in opioid settlement agreement with the nation’s three major pharmaceutical distributors – Cardinal, McKesson, and AmerisourceBergen – and Johnson & Johnson. North Carolina’s local governments have been sent the first and second payments from the settlement. The funds will go toward addressing the opioid epidemic in communities across North Carolina.
Lincoln is one of a plethora of US counties that were listed parties in lawsuits against the drug distributors. The settlement includes agreements that
The three distributors collectively will pay up to $21 billion over 18 years.
Johnson & Johnson will pay up to $5 billion over nine years with up to $3.7 billion paid during the first three years.
The total funding distributed will be determined by the overall degree of participation by both litigating and non-litigating state and local governments.
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