Cardinal Health Inc

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Hanesbrands, Wynn Resorts rise; Roku, Etsy fall

August 5, 2021 GMT

Stocks that traded heavily or had substantial price changes Thursday:

Roku Inc., down $16.84 to $403.48.

The video streaming company fell short of Wall Street forecasts for active accounts and streaming hours during the second quarter.

Trial against opioid distributors wraps up in West Virginia

By JOHN RABYJuly 28, 2021 GMT

CHARLESTON, W.Va. (AP) — Attorneys for major drug distributors made their final pleas to a federal judge Wednesday to absolve them while placing the blame elsewhere for a prescription pill health emergency in a part of West Virginia.

Closing arguments held in West Virginia lawsuit over opioids

By JOHN RABYJuly 27, 2021 GMT

CHARLESTON, W.Va. (AP) — Three major U.S. drug distributors should be held responsible for sending a “tsunami" of prescription pain pills that caused a health crisis in one corner of West Virginia, an attorney for local governments said in closing arguments Tuesday in a landmark federal lawsuit.

Testimony nears end in WVa suit against opioid distributors

July 9, 2021 GMT

CHARLESTON, W.Va. (AP) — A landmark civil trial could be winding down in West Virginia against three large opioid distributors accused of fueling a local opioid crisis, as attorneys for the defendants indicated they expect to wrap up their case one month ahead of schedule.

Economist: $2.5B to abate opioid crisis in WVa community

June 30, 2021 GMT

HUNTINGTON, W.Va. (AP) — A 15-year plan to abate the opioid crisis in a West Virginia community will cost local officials $2.5 billion, a forensic economist has testified.

Health economist: Opioids cost community $3.3B in damages

June 18, 2021 GMT

CHARLESTON, W.Va. (AP) — A Harvard health economist has testified that prescription opioids have caused an estimated $3.3 billion in damages in a West Virginia community.

Thomas McGuire, professor of health economics at Harvard Medical School, testified Thursday in a civil trial in which Cabell County and the city of Huntington accuse drug distributors AmerisourceBergen, Cardinal Health Inc.

Distributors, regulators cast blame for opioid epidemic

June 10, 2021 GMT

CHARLESTON, W.Va. (AP) — Opioid distribution companies and federal regulators pointed the finger at each other as a contributing factor in the nation's opioid epidemic during a landmark civil trial in West Virginia.

DEA: Companies had ‘systematic failure’ in monitoring pills

June 9, 2021 GMT

CHARLESTON, W.Va. (AP) — A retired high-ranking official with the Drug Enforcement Administration has testified that three large opioid distributors had a “systematic failure” in monitoring suspicious pill orders.

Pharma executive blames vague DEA rules for opioid epidemic

May 18, 2021 GMT

CHARLESTON, W.Va. (AP) — A drug company executive testifying in a landmark trial against three large opioid distributors has continued to blame the Drug Enforcement Administration for West Virginia's addiction epidemic, saying his company's internal controls went beyond what regulations require.

Report: Drug executive emails mocked Appalachians

May 14, 2021 GMT

CHARLESTON, W.Va. (AP) — Emails to and from a drug company executive presented at a landmark West Virginia trial against three large opioid distributors used terms like “pillbillies” to mock Appalachians, according to a published report.

Data expert testifies at landmark West Virginia opioid trial

May 11, 2021 GMT

CHARLESTON, W.Va. (AP) — A data expert testifying at a landmark opioid trial in West Virginia said Tuesday that the potency of prescription drugs sent to local communities increased over time, but the three large drug distributors being sued tried to discredit his analysis...

Consultant: West Virginia city was bombarded with opioids

May 10, 2021 GMT

CHARLESTON, W.Va. (AP) — A new analysis of opioids in West Virginia shows the city of Huntington and its surrounding county were overwhelmed with shipments of prescription drugs, nearly all of which came from three large drug distributors on trial in a landmark case...

Witness testimony continues in landmark W.Va. opioid trial

May 5, 2021 GMT

CHARLESTON, W.Va. (AP) — West Virginia was the “canary in the coal mine” of the ongoing U.S. opioid epidemic, a former state health official said Wednesday as witness testimony continued in a landmark trial between local West Virginia governments and three large drug distributors accused of fueling the crisis...

Trial against opioid distributors begins in WVa

May 4, 2021 GMT

CHARLESTON, W.Va. (AP) — A trial is set to start in a lawsuit filed in West Virginia accusing three drug distributors of fueling a local opioid epidemic with excessively large shipments of painkillers over several years...