Attorney General Josh Stein announced a massive settlement with the opioid manufacturer Mallinckrodt, the largest generic opioid manufacturer in the country.
Mallinckrodt agreed to pay $1.6 billion to be put into a trust covering the costs of opioid addiction treatment.
Additionally, Mallinckrodt agreed to revisit its marketing practices and put in place systems to prevent drug misuse, according to the NCDOJ press release.
“Confronting the opioid epidemic has been my top priority as North Carolina’s Attorney General,” Stein said in the press release. “The companies that helped to create and fuel this deadly crisis must help us recover. That is exactly why I led negotiations with Mallinckrodt and fought to bring these needed funds home to North Carolina where they will help people get well.”
Apart from this settlement, which included attorneys general from across the nation, further negotiations will take place with other opioid manufacturers and distributors.