J&J’s third-quarter profits take $3B hit with massive opioid settlement

24th October 2019 Uncategorised 0

Several state attorneys general are unhappy with the proposed $48 billion opioid settlement reached with Ohio, of which Johnson & Johnson would kick in $4 billion. But J&J is is so confident the settlement will be reached that it’s spelling out the impact of the agreement on its bottom line. And it isn’t pretty.

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Source: fierce