CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which among the following company has been ordered to pay $572 million for Opioid addiction crisis in US?
A
Covidien
B
Medtronic
C
Johnson & Johnson
D
Unilever
Explanation: 

Detailed explanation-1: -– Attorney General Mike Hunter today commended Cleveland County District Judge Thad Balkman for ruling in the state’s favor and ordering Johnson & Johnson and its subsidiaries to pay $572 million to abate the ongoing opioid epidemic in Oklahoma.

Detailed explanation-2: -It started in the mid-1990s when the powerful agent OxyContin, promoted by Purdue Pharma and approved by the Food and Drug Administration (FDA), triggered the first wave of deaths linked to use of legal prescription opioids.

Detailed explanation-3: -Johnson & Johnson created a mutant strain of poppy in 1994 that allowed it to manufacture and supply massive amounts of opioids.

Detailed explanation-4: -Drug Distributors and Johnson & Johnson Commit to $26 Billion Opioid Agreement. MADISON, Wis. – Attorney General Kaul announced today the final approval of the $26 billion opioid agreement with the nation’s three major pharmaceutical distributors – Cardinal, McKesson, and AmerisourceBergen – and Johnson & Johnson.

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