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Johnson & Johnson to contribute up to $5 billion to the nationwide settlement of opioid-related claims

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the staff of the Ridgewood blog

NEW BRUNSWICK NJ, Johnson & Johnson and its U.S.-based Janssen Pharmaceutical Companies today announced the finalization of a nationwide settlement agreement to resolve opioid-related claims and litigation by states, cities, counties, and other subdivisions in the United States. As previously announced, the Company will contribute up to $5 billion to the settlement, depending on the number of state and local governments that elect to opt into the agreement over the next several months.

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