Wisconsin set to receive up to $12 million following settlement with drug manufacturers

WISCONSIN (CIVIC MEDIA) – Attorney General Josh Kaul recently announced he and 45 other attorney generals have agreed on a settlement with drug manufacturers that totals around $720 million.

According to a news release from the Department of Justice (DOJ), the agreement was made as a result of the manufactures’ alleged role in sustaining an opioid crisis. Of the $720 million, Wisconsin would receive up to $12 million under the proposed settlements. The settlements have not been finalized, and the next step in the process is a sign-on period for local governments across the country. Under the proposed agreements, eight companies would pay.

Several of the settlements would allow states to receive free pharmaceutical products or cash in lieu of this product. Seven of the companies would also be prohibited from promoting or marketing opioids, making or selling any opioid products that contain more than 40 mg of oxycodone per pill, and are required to implement monitoring and reporting systems for suspicious orders.

Including this agreement in principle, and the recently announced proposed resolution with Purdue Phara and the Sackler family, Wisconsin and local governments have obtained settlements amounting to more than $874 million in funds from companies and individuals that allegedly helped fuel the opioid epidemic.