Big Pharma has run into a rare rough summer — and that could be positive news for all the rest of us regular folks. Just how? Consider:
- One of the world’s largest makers of prescription medications — which also is one of several pharma titans implicated in the record-breaking opioid abuse and drug overdose crisis, has agreed to settle for up to $4.5 billion with more than 2,500 local governments, states and tribes.
- In a separate but related deal, generic drug maker Allergan has agreed to settle its lawsuits with those same parties for $2.37 billion.