Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Kentucky accuses J&J of contributing to opioid epidemic

Published 04/18/2018, 11:29 AM
Updated 04/18/2018, 11:31 AM
© Reuters. A Johnson & Johnson building is shown in Irvine, California

(Reuters) - Kentucky's attorney general on Wednesday sued Johnson & Johnson (N:JNJ), accusing the pharmaceutical manufacturer of devising a deceptive marketing scheme that mischaracterized the risk of opioid abuse and addiction.

The lawsuit by Kentucky Attorney General Andy Beshear was his fifth to date seeking to hold a drug manufacturer or distributor responsible for its role in the national opioid epidemic.

The lawsuit, filed in McCracken Circuit Court, accused J&J and its Janssen Pharmaceuticals unit of misrepresenting that its opioid medications were safer than alternatives and were "rarely addictive" when used for chronic pain.

Those opioids included Duragesic, which before 2009 accounted for at least $1 billion in annual sales, and Nucynta and Nucynta ER, the lawsuit said. Janssen sold the rights to Nucynta to another drugmaker in 2015.

The lawsuit seeks penalties and compensatory and punitive damages.

"Janssen has profited from their illegal conduct, and my office is taking action to make sure they pay for ravaging our communities and destroying our families just to make a profit," Beshear said in a statement.

J&J in a statement said that it marketed and promoted opioids appropriately and that its products' labels provided information about their risks and benefits.

Opioids were involved in more than 42,000 overdose deaths in 2016, according to the U.S. Centers for Disease Control and Prevention.

Hundreds of lawsuits by states, counties and cities have accused drugmakers of pushing addictive pain-killers through deceptive marketing and wholesale distributors of failing to report suspicious drug orders.

Eight other states have sued J&J. Beshear is also pursuing similar cases against drug distributors AmerisourceBergen Corp (N:ABC), Cardinal Health (N:CAH) and McKesson Corp (N:MCK) and drugmaker Endo International Plc (O:ENDP).

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.