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opioid

Jan 30, 2025

Top Five: February 2025 edition

1 | Richmond water crisis shuts down restaurants, businesses Businesses “Dry January” became all too literal in Richmond, where city residents and businesses struggled with a water outage that started Jan. 6, delaying the start of the General Assembly, and leaving the city without water for several days. (Jan. 8) 2 | Buc-ee’s estimates first […]

Jan 23, 2025

Va. to receive $107.4M in updated opioids settlement

Virginia stands to receive up to $107.4 million in a multistate settlement proposed by OxyContin producer Purdue Pharma and its owners, the Sackler family, Virginia Attorney General Jason Miyares announced Thursday. The defendants in the federal case have offered to pay $7.4 billion to 14 states to settle claims that under the leadership of the […]

Food City sign
Dec 26, 2024

Food City to pay $8.4M to settle opioids-related allegations

Abingdon-based K-VA-T Food Stores, operator of the Food City supermarket chain, has agreed to pay more than $8.4 million to the federal government to settle allegations under the False Claims Act (FCA) related to dispensing opioids and other controlled substances. The U.S. Department of Justice announced the agreement with K-VA-T Food Stores Monday, In a statement, […]

Dec 13, 2024

Va. plays key role in McKinsey $650M opioid settlement

Global management firm McKinsey & Co. filed an agreement in Virginia on Friday to pay the federal government $650 million in a five-year deferred prosecution agreement with the U.S. Department of Justice focused on opioid abuse. The Virginia attorney general’s Medicaid Fraud Control Unit (MFCU) collaborated with U.S. attorney’s offices in the Western District of […]

Indivior logo
Aug 21, 2023

Chesterfield pharma company to pay $30M in Suboxone settlement

Chesterfield County-based pharmaceutical manufacturer Indivior Inc. has reached a $30 million settlement agreement in a federal class-action antitrust lawsuit brought by a group of health plans over the manufacturer’s opioid addiction treatment drug, Suboxone. The global parent company, Indivior PLC, announced the settlement Monday, and the plaintiffs filed a memorandum in support of the set[...]

Aug 11, 2022

Kaléo launches government biz unit

Richmond-based Kaléo on Thursday announced the formation of a new government business unit to focus on domestic and international procurement of the company’s system to reverse the effect of weaponized opioids as well as to provide access to it for military and civilian stockpiles. Kaléo’s Rapid Opioid Countermeasure System (ROCS) is a 10 mg Naloxone […]

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