UPDATED 7:19 PM PT – Saturday, June 26, 2021
Johnson and Johnson has agreed to pay out $230 million as part of a settlement regarding the opioid crisis. The agreement additionally includes more than $30 million in attorney fees. New York Attorney General Letitia James released the statement on Saturday.
“The opioid epidemic has wrecked havoc on countless communities across New York state and the rest of the nation, leaving millions still addicted to dangerous and deadly opioids,” said James. She added that J&J helped “fuel this fire.”
#BREAKING: Johnson & Johnson will pay up to $230 million for its role in fueling the opioid crisis that has devastated communities across New York.
As part of our unprecedented settlement, @JNJNews will also stop manufacturing or selling opioids nationwide.
— NY AG James (@NewYorkStateAG) June 26, 2021
The settlement requires the pharmaceutical company to make a series of payments over the next nine years to the state of New York. They have also reportedly agreed to stop the manufacturing and distribution of opioids, not only in the state but across the country.
J&J released a statement following the agreement, saying it is not an admission of guilt or wrongdoing by the company.