Oklahoma Reaches $250M Opioid Settlement with Drug Distributors

Oklahoma has reached a $250 million settlement with AmerisourceBergen Corp ABC.N, Cardinal Health Inc CAH.N and McKesson Corp MCK.N to resolve allegations the drug distributors contributed to the opioid epidemic in the state, Oklahoma Attorney General John O’Connor said on Monday. O’Connor said Oklahoma recovered more money from the distributors than the state would have … Read more

Novartis to invest $250M for new therapies to fight neglected tropical diseases, malaria

Robert Way/iStock Editorial via Getty Images Novartis (NYSE:NVS) said it is committing $250M over five years to advance research and development (R&D) of new treatments to fight against neglected tropical diseases and malaria. The Swiss pharma giant made the June 23 announcement in conjunction with the Kigali Summit on Malaria and NTDs alongside the 26th … Read more