Johnson & Johnson found guilty of provoking opioid epidemic

American pharmaceutical company Johnson & Johnson was fined $ 572 million by a judge from Oklahoma. On Monday, August 26, judge Ted Balkman ruled that the company must pay a large sum for the sale of painkillers that can cause addiction. According to the court, Johnson & Johnson by their actions increase drug dependence of the population. The company has said it will appeal the decision on the fine.

Earlier, Oklahoma Attorney General Mike Hunter accused Johnson & Johnson of contributing to the opioid epidemic and the overall drug crisis because of its addictive painkillers. At the same time, Hunter demanded a fine of $ 17 billion for the company.

Johnson & Johnson shares temporarily rose more than 5 percent after the decision was announced. The lawsuit was also directed against other manufacturers — Purdue Pharma and Teva. But they agreed to punitive payments of $ 270 million and $ 85 million respectively, thereby preventing litigation. In the US, some similar cases are being considered.

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Author: Flyn Braun
Graduated from Cambridge University. Previously, he worked in various diferent news media. Currently, it is a columnist of the us news section in the Free News editors.
Function: Editor

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