Attorneys General React To $1.6 Billion Mallinckrodt Settlement
Houston, Texas (WorkersCompensation.com) – While a new settlement in numerous cases against the largest generic opioid manufacturer in the United States means states will get more money up front, they’ll still have to wait until the company comes out of bankruptcy.
In a new settlement, Mallinckrodt (MNK) will pay $1.6 billion into a trust that will pay for states’ costs as they fight the opioid epidemic.
Under the new agreement, MNK will pay $450 million into the trust upon ...
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