AmerisourceBergen Corp. (ABC) News

AmerisourceBergen Corp. (ABC): $156.86

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ABC News Highlights

  • For ABC, its 30 day story count is now at 53.
  • Over the past 24 days, the trend for ABC's stories per day has been choppy and unclear. It has oscillated between 1 and 11.
  • DRUG, PAY and AP are the most mentioned tickers in articles about ABC.

Latest ABC News From Around the Web

Below are the latest news stories about Amerisourcebergen Corp that investors may wish to consider to help them evaluate ABC as an investment opportunity.

Three leading U.S. drug distributors approve opioid settlement

AmerisourceBergen (NYSE:ABC), Cardinal Health (NYSE:CAH), and McKesson (NYSE:MCK) announced on Friday their decision to proceed with more than $19B worth of agreement to settle claims over their role in fueling the opioid crisis in the U.S. The move comes after 46 of 49 eligible states, as well as the District...

Seeking Alpha | February 25, 2022

$26 billion opioid crisis settlement finalized with Johnson & Johnson, 3 drug distributors

Drug distributors McKesson, AmerisourceBergen and Cardinal Health are part of the settlement.

New York Daily News | February 25, 2022

US Drugmaker, Distributors Finalize $26B Opioid Settlement

Drugmaker Johnson & Johnson and three major distributors finalized nationwide settlements over their role in the opioid addiction crisis Friday, an announcement that clears the way for $26 billion to flow to nearly every state and local government in the U.S. Taken together, the settlements are the largest to date among the many opioid-related cases that have been playing out across the country. They''re expected to provide a significant boost to efforts aimed at reversing the crisis in places that have been devastated by it, including many parts of rural America. Johnson & Johnson, AmerisourceBergen, Cardinal Health and McKesson announced the settlement plan last year, but the deal was contingent on getting participation from a critical mass of state and local governments. Friday was t...

Voice of America News | February 25, 2022

Johnson and Johnson, other distributors to pay $26 billion in opioid settlement

Johnson and Johnson and three other major drug distributors on Friday finalized a historic $26 billion settlement in an opioid lawsuit brought against the companies.The settlement agreement with Johnson and Johnson, AmerisourceBergen, Cardinal…

The Hill | February 25, 2022

Dept. of Justice: Drug distributors and Johnson & Johnson commit to $26 billion opioid agreement

MADISON, Wis. – Attorney General Kaul announced today the final approval of the $26 billion opioid agreement with the nation’s three major pharmaceutical distributors – Cardinal, McKesson, and AmerisourceBergen – and Johnson & Johnson. Following successful state sign-on and subdivision sign-on periods, the defendants will start releasing funds to a national administrator on April 2, […]

WisBusiness | February 25, 2022

US pharma groups advance $25 billion opioid settlement

The three distributors, McKessen, AmerisourceBergen and Cardinal Health, each "independently determined" that enough states and litigating political subdivisions had signed on to advance the agreement to pay out $19.5 billion over 18 years to thousands of plaintiffs, according to a joint press release from the companies.

Economic Times India | February 25, 2022

Opiate crisis: J&J and 3 distributors agree to pay nearly 25 billion dollars

BET À DAY Drugmaker Johnson & Johnson and three major distributors (McKessen, AmerisourceBergen and Cardinal Health) confirmed on Friday that they will pay $24.5 billion to end more than 3,000 lawsuits by US states and thousands of communities. In a joint statement, the distributors said they had independently determined that there was “sufficient participation from […] The post Opiate crisis: J&J and 3 distributors agree to pay nearly 25 billion dollars first appeared on The Bobr Times .

The Bobr Times | February 25, 2022

Johnson & Johnson Sees A Strong Move: Is It Ready For A Breakout?

Johnson & Johnson (NYSE: JNJ ) shares are trading higher Friday after the company agreed to finalize a proposed $26 billion settlement resolving more than 3,000 lawsuits, mainly by state and local governments, seeking to hold it and three other companies responsible for the opioid abuse crisis. The other companies are distributors McKesson Corp (NYSE: MCK ), AmerisourceBergen Corp (NYSE: ABC ) and Cardinal Health Inc (NYSE: CAH ). Johnson & Johnson was up 4.97% at $166 Friday afternoon at publication. See Also: Drug Distributors, JNJ Agree To Settle $26B Opioid Lawsuits Johnson & Johnson Daily Chart Analysis The stock recently bounced off support in a sideways channel and has been pushing higher, now nearing the resistance level of the channel. Support was found near … Full story availa...

Benzinga | February 25, 2022

Drug Distributors, JNJ Agree To Settle $26B Opioid Lawsuits

Distributors McKesson Corporation (NYSE: MCK ), AmerisourceBergen Corp (NYSE: ABC ), Cardinal Health Inc (NYSE: CAH ), and Johnson & Johnson (NYSE: JNJ ) have agreed to finalize a proposed $26 billion settlement resolving claims by states and local governments regarding the opioid epidemic. The deal aims to resolve more than 3,000 lawsuits, mainly by state and local governments seeking to hold the companies responsible for … Full story available on Benzinga.com

Benzinga | February 25, 2022

Completed Settlements Signal Opioid Litigation Is Drawing to a Close

Shares of Johnson & Johnson, AmerisourceBergen, McKesson, and Cardinal Health jumped Friday morning.

Yahoo | February 25, 2022


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