Fixing opioid crisis will cost $483 billion, claims MDL expert witness

Fixing opioid crisis will cost $483 billion, claims MDL expert witness



Category: Opioid Crisis

More Info: Defective Drugs

Thanks to Purdue Pharma and other defendants in the multidistrict litigation that alleges the drug companies sparked the opioid crisis, we now know how much plaintiffs claim they owe to fix it: more than $480 billion.

That is the predicted cost, according to Johns Hopkins public health professor Caleb Alexander, of a national abatement plan that would stretch over 10 years. Alexander was cited in summaries of nonpublic reports by plaintiffs’ expert witnesses that Purdue, Endo and Mallinckrodt filed last week as part of an emergency motion for more time to depose the witnesses.

The Johns Hopkins prof, according to the April 8 defense filing, estimated that the cost of providing treatment, preventative education, foster care, criminal justice resources and other services to address opioid addiction would be $452.9 billion.

Continue reading...

See the original article here: https://www.reuters.com/article/us-otc-opioids-idUSKCN1RU2I5


About TriMark Legal Funding

TriMark Legal Funding was founded in 2003 and is one of America's foremost legal funding companies. TriMark provides pre settlement funding and settled case funding, sometimes called 'settlement loans', to injured plaintiffs throughout the United States. We offer funding on hundreds of different types of legal claims including personal injury loans, employment litigation funding, work injury accident loans, workers compensation loans, mass tort litigation funding, and multidistrict litigation funding.

We have a sell my structured settlement page for annuitants and we also provide immediate inheritance advance funding for heirs and beneficiaries, as well as legal fee funding for attorneys and law firm financing for legal practices.

Personal Injury LawsuitsOther Funding

Click here to see the original article.

* Word-Use Disclaimer

Legal funding is not a loan. It is the non-recourse purchase of an equitable lien in a plaintiffs’ legal claim. Words such as ‘loans,’ ‘lending,’ ‘borrow,’ etc., are used for search and marketing purposes only.
More info

TriMark Legal Funding LLC
1056 Green Acres Rd #102
Eugene, OR 97408