2020 also saw the largest increase in the number of overdose deaths since 1999.
The deal will keep J&J out of the trial in New York, which includes other makers of opioid prescription drugs.
In a case of epic proportions, Judge Polster employs threats and secrecy to wring a speedy settlement out of Big Pharma defendants.
Cracking down on opioid prescriptions to combat the epidemic of overdoses inflicts a lot of collateral damage on pain patients while doing little good.
The settlement will also require McKinsey to create a repository of documents related to its work for opioid makers.
A downward trend in overdoses started turning around last year — and it seems to have accelerated this year.
The suit comes several weeks after Purdue Pharma pleaded guilty for its role in manufacturing and distributing Oxycontin.
Hawley: McKinsey Should Lose Federal Contracts over Proposal to Reimburse Pharmacies for Opioid Overdoses
Opioid overdose deaths hit a record high of over 70,000 in 2019, according to provisional data from the CDC.
The drugmaker, in a virtual hearing, admitted to obstructing the U.S. Drug Enforcement Administration’s efforts to fight the opioid addiction crisis.