1 drug company settles ahead of San Francisco opioid trial
SAN FRANCISCO — Drugmaker Endo Pharmaceuticals has agreed to pay the city of San Francisco $10 million over its role in selling prescription opioids in the city.
City Attorney David Chiu announced the settlement Wednesday, five days before a trial is to begin of the city's claims against the drug industry over the toll of opioids.
Chiu said Endo, the maker of the prescription painkiller Percocet, is to pay $5 million this year and another $5 million over the next decade, with the money being used to fight the opioid epidemic.
The Malvern, Pa.-based company has agreed to nearly $300 million worth of settlements of opioid claims with U.S. government entities since 2019, according to an Associated Press tally. One of them, for $25 million, came just this week with Alabama; that was announced along with about $250 million in agreements between the state and other companies.