Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to boost sales of an opioid addiction treatment......»»
OxyContin billionaire granted patent for addiction treatment
A billionaire pharmaceuticals executive who has been blamed for spurring the US opioid crisis stands to profit from the epidemic after he patented a new treatment for drug addicts......»»
OxyContin Billionaire Granted Patent for Opioid Addiction Treatment
Richard Sackler was given a patent for a novel form of buprenorphine, a mild opiate that controls drug cravings. Purdue Pharma has long been criticized for aggressively marketin.....»»
"High-need" Genesee County funded for addictions services
With a recognition of high need for opioid treatment programs, Genesee County will receive funding to expand addiction services. The Genesee Council on Alcoholism and Substance Abuse Inc. will receive $650,000 in federal funding through the Opioid St.....»»
The Wall Street Journal: Senate approves bipartisan bill to fight opioid epidemic
The Senate on Monday passed sweeping, bipartisan legislation aimed at combating the opioid epidemic through new research, treatment and help for families affected by addiction......»»
Local opioid treatment centers acquired by New Jersey company
An opioid addiction treatment group has acquired two practices in the Dayton region......»»
Grant awarded to expand opioid treatment to Medicaid population
A three-year federal grant will allow three area health providers to expand access to medication-assisted treatment to Medicaid recipients with opioid addiction. The $1.5 million grant from the Substance Abuse and Mental Health Services Administration.....»»
Cuomo to distribute $9M for opioid-addiction treatment
Gov. Andrew Cuomo announced Tuesday that more than $9 million in federal funding will go to expanding opioid-addiction treatment in the state. The funding includes $5.7 million to expand access to... To view the full story, click the title link......»»
Addiction treatment center invests $1M in Dayton facility to support up to 24 jobs
Dayton's newest opioid treatment center opened to patients last week and already has 20 clients on its books......»»
The New York Post: OxyContin maker reportedly had plan to sell opioid treatment drugs as well
OxyContin maker Purdue Pharma hatched a secret plan to get into the business of selling drugs to treat the opioid addiction that its own products fueled, newly unsealed court filings allege......»»
Brainsway announces launch of noninvasive treatment for smoking addiction
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Addiction treatment center expanding in Dayton region, creating 25 new jobs
The organization currently operates local sites in Dayton, Middletown and Piqua, and it maintains four Greater Cincinnati facilities in Over-the-Rhine, Forest Park, Milford and Green Township......»»
The billionaire Sackler family, whose company has been blamed for the opioid epidemic, "erased" the death of a family member suffering from addiction who died by suicide, according to a new book
"They did not speak of him, for the most part. He was erased," Patrick Radden Keefe wrote regarding Robert Sackler.....»»
Vertex to study experimental gene-editing therapy as treatment for sickle cell, beta-thalassemia
Vertex Pharmaceuticals Inc. said Tuesday it plans to pay $1.1 billion to Crispr Therapeutics AG as part of a deal to test an experimental gene-editing therapy for sickle cell disease and transfusion-dependent beta-tha.....»»
California lawyer accuses drugmakers of causing opioid addiction, WSJ reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Sacklers offer $1.5 billion more than planned to settle thousands of opioid lawsuits
As part of the plan, members of the billionaire Sackler family pledged to contribute roughly $4.3 billion of their personal fortune — $1.5 billion more than previously promised......»»
Sacklers Offer $4.3 Billion To Settle Claims Purdue Helped Cause Opioid Crisis
Sacklers Offer $4.3 Billion To Settle Claims Purdue Helped Cause Opioid Crisis .....»»
Sackler family offers $1.5 billion more than planned to settle thousands of opioid lawsuits
As part of the plan, members of the billionaire Sackler family pledged to contribute roughly $4.3 billion of their personal fortune — $1.5 billion more than previously promised......»»
Amgen to buy Five Prime Therapeutics in a deal valued at $1.9 billion to boost cancer treatment portfolio
Amgen Inc. announced Thursday an agreement to buy biotechnology company Five Prime Therapeutics Inc......»»
PPP Round 2: Who is eligible, what expenses can be paid, and what is the tax treatment?
Shortly before the end of the bizarre and painful 2020 calendar year, the Consolidated Appropriations Act for 2021 (the Act) was signed into law, providing an additional $284 billion appropriation for the Paycheck Protection Program (PPP). The new .....»»
Drug companies seek billion-dollar tax deductions from opioid settlement
Four companies that agreed to pay a combined $26 billion to settle claims about their roles in the opioid crisis plan to deduct some of those costs from their taxes and recoup around $1 billion apiece......»»