Mallinckrodt Reaches Settlement Deal in National Opioid Lawsuit

One of the country’s largest manufacturers of generic opioids has reached a settlement deal with Ohio Bellwether Counties in the MDL’s opioid litigation. 

With this deal, Mallinckrodt would pay out $24 million in cash and donate $6 million in drugs towards addiction treatment.

Plaintff counsel claim the deal would give the counties “critically needed resources”

Mallinckrodt was considering bankruptcy but now after the settlement, its stock seems to be rising.

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