![]() “When they saw a problem, corporate executives proactively worked, internally and with stakeholders, to find a solution, not a cover-up, as we have discovered with numerous other companies during our years-long investigation.”Įndo previously reached an $11 million settlement in an opioid-related lawsuit against the company brought by two Ohio municipalities. “The measures taken by Endo to alleviate the opioid epidemic are commendable,” Attorney General Hunter said. Endo also withdrew Opana ER from the market, discontinued the research and development of new opioid products and implemented additional anti-diversion measures, including product serialization aimed at stopping counterfeiting and theft to protect patient safety. ![]() In 2016, Endo changed its executive leadership team and shortly thereafter stopped promoting opioid products to healthcare professionals and eliminated its entire pain product salesforce. Endo stands out amongst the other pharmaceutical companies being. In addition to the settlement funds for abating the opioid epidemic, Endo agrees it will not employ or contract with sales representatives to promote opioids in the state in the state, the company will not use speakers, key opinion leaders or speaking events to promote opioids and the company will not provide direct or indirect financial support for branded or unbranded information promoting opioids, such as brochures, newsletters, books and guides. Endo Pharmaceuticals ( ENDP) rapidly became a primary target of litigation filed by over a dozen U.S. We look forward to working with members of the legislature and executive branch to ensure this money goes toward helping those who have been affected by or those who continue to struggle with opioid addiction.” It’s estimated as many as 100,000 Oklahomans continue struggling with addiction and every 25 minutes a baby is born suffering from opioid withdrawal. ![]() “Communities in our state continue to struggle with addiction and the fallout from the ongoing opioid crisis. “The money from this settlement as well as the money from other settlements will allow us to begin abating Oklahoma’s problem,” Hunter said in the statement. Hunter said the agreement avoids legal action the state was considering against the company.
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