Michigan to Receive Nearly $800 Million as Part of Historic Opioid Settlements
Attorney General Dana Nessel announced Monday that Michigan will receive nearly $800 million over 18 years as part of the historic opioid settlements.
The country’s three major pharmaceutical distributors – Cardinal, McKesson, and AmerisourceBergen – and opioid manufacturer, Johnson & Johnson – will pay up to $26 billion nationwide
“I took legal action once I took office to try to recoup money for the devastating impact that the opioid epidemic has had on the communities across our state,” Nessel said. “I am pleased to see our work pay off with this historic settlement that will bring Michigan communities millions of dollars to support abatement efforts. I know that no amount of money will make whole the thousands of Michigan families impacted by opioids, but this is an important victory in a hard-fought battle.”
The pharmaceutical distributors will begin releasing funds to a national administrator on April 2. Money will then start flowing to state and local governments in the second or third quarter in 2022.