Baltimore Judge Slashes $266M Opioid Settlement to $100M, Leaves City to Decide on Future Options
Baltimore, Maryland, is facing a legal setback in its fight against the opioid epidemic as a judge has rejected a jury’s suggested $266 million award against pharmaceutical giants McKesson and Cencora, previously known as AmerisourceBergen. Instead, the court has offered the city a more modest $100 million in abatement funds. The legal action, initiated by Baltimore in 2024, accused both companies of contributing to the opioid crisis by distributing excessive quantities of prescription opioids in the region. According to city officials, McKesson and Cencora were responsible for around 60% of the prescription opioid market in … Read more