60 Minutes to air feature on opiod fight this Sunday

Mike Moore, the lawyer governor-elect of Ohio Mike DeWine hired to sue opioid companies for the overdose deaths of Ohio residents, has been interviewed by 60 Minutes for a feature that will be broadcast on Sunday, December 16, the newsmagazine has teased. Moore, who orchestrated the multibillion-dollar tobacco settlement in 1998, believes “the evidence in the data could result in a $100 billion verdict that could bankrupt the drug companies if the case ever goes to trial,” according to 60 Minutes’ preview. Endo (ENDP) is seeking a settlement to end Opana lawsuits that would cap its exposure and pull it out of talks with other opiod drugmakers and distributors who are seeking an industrywide settlement, Bloomberg previously reported in September. State attorneys general and private lawyers representing cities and counties contend Endo, Purdue Pharma, Johnson & Johnson (JNJ), McKesson (MCK) and other opioid makers and distributors downplayed opiods’ health risks and oversold their benefits, Bloomberg has noted.
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