Colorado Announces Its Distribution Plans for a $400 Million Opioid Settlement
Colorado Attorney General Phil Weiser on Thursday unveiled a framework with local leaders from across the state for distributing more than $400 million in settlement funds from the nation’s largest drug companies to address the deadly opioid epidemic.
The memorandum of understanding between Weiser and local Colorado officials comes a month after the attorney general announced that Colorado would receive $300 million as part of a $26 billion multi-state settlement with drug giants AmerisourceBergen, Cardinal Health, McKesson and Johnson & Johnson.
That money, coupled with $100 million from previous settlements with Purdue Pharma and other drugmakers, will be distributed across the state to add detox centers, treatment facilities and drug abatement programs.
