FEB 25, 2022
(COLUMBIA, S.C.) - Attorney General Alan Wilson 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, 2022. Money will start flowing to South Carolina in the second quarter of 2022.
“These settlements will provide much-needed financial resources which will help combat South Carolina’s opioid epidemic,” noted Attorney General Wilson. “My Office looks forward to working with stakeholders around the state to ensure that these dollars have the greatest impact possible in each of our communities.”
The agreement marks the culmination of three years of negotiations to resolve more than 4,000 claims of state and local governments across the country. It is the second-largest multistate agreement in U.S. history, second only to the Tobacco Master Settlement Agreement.
Fifty-two states and territories have signed on to the agreement as well as thousands of local governments across the country. In South Carolina, all 46 counties and all 43 eligible municipalities, as well as the Health Services District of Kershaw County, have signed on to the agreement. As a result, South Carolina expects to receive more than $300 million over the next 18 years. Under an agreement reached by the Attorney General and the litigating counties, 92% of these funds will be used to directly address the opioid crisis in South Carolina, including by supporting treatment, recovery, harm reduction, and other strategies. More information about this agreement will be revealed in the coming days.
In addition to the funds, Cardinal, McKesson, and AmerisourceBergen will:
Johnson & Johnson is required to:
Additional information about the opioid settlements is available at https://www.nationalopioidsettlement.com.
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