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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 […]
Martinsville doctor found guilty of 460+ counts of opioids distribution
A federal court jury in Abingdon found Dr. Joel Smithers, who previously practiced in Martinsville, guilty of 466 federal counts of illegally prescribing Schedule II controlled substances, the U.S. Attorney’s Office for Western Virginia announced Dec. 31, 2024. He was also found guilty of one count of maintaining a place for the purpose of illegally […]
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, […]
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[...]
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 […]
Virginia could receive $530M from $26B opioids settlement
Virginia is expected to receive about $530 million as part of a $26 billion settlement that the nation’s three primary drug distributors and pharmaceutical manufacturer Johnson & Johnson reached Wednesday with the states that would release the companies from legal liability in the opioid crisis. A majority of the roughly $530 million that Virginia is expected […]
Ex Chesterfield pharma CEO pleads guilty in federal opioid treatment investigation
Shaun Thaxter, former CEO of Chesterfield County-based pharmaceutical manufacturer Indivior PLC, pleaded guilty Tuesday in federal court in Abingdon to a misdemeanor criminal charge related to the U.S Justice Department’s probe into the marketing of Suboxone, Indivior’s opioid addiction treatment drug. Thaxter pleaded guilty to one count of violating the Federal Food, Drug, and Cosmeti[...]
