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-8.03083841952369E-05 -0.000682621265660085 -0.00112431737873423 -0.00291117892707996 -0.00100385480244137 -0.00100385480244137 -0.00100385480244137 -0.00100385480244137
Stock impact report

2 drug companies to pay $260M after jury finds them liable for city's opioid crisis [CBS News]

Cencora, Inc. (COR) 
Last cencora, inc. earnings: 4/30 06:30 am Check Earnings Report
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Company Research Source: CBS News
Jury deliberations began on Friday, Nov. 8, and concluded Tuesday afternoon. Following a six-week trial, the jury decided drug distributors McKesson and AmerisourceBergen would split the $266 million payment. During the trial, lawyers for the city argued that the two companies focused more on profit than public health and alleged the companies shipped millions of opioid pills into the city, ignoring their addictive properties. The oversupply of pills led residents to turn to more potent drugs like fentanyl and heroin, the city argued. The companies, on the other hand, argued they acted within their rights by selling approved painkillers to licensed pharmacies. During the trial, both companies denied any responsibility for any illegal drug trade. Lawyers for the city previously called this case the biggest and most important in Baltimore's history, The Baltimore Banner reported Featured Local Savings Show less Read more
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