The resolution authorizes the City and County of San Francisco to settle claims against several pharmaceutical companies for $1.2 million to $2 million over ten years. These claims are related to the companies' alleged role in the opioid epidemic, which has created a public nuisance.
Resolution authorizing settlement of unlitigated claims on behalf of the City and County of San Francisco and the People of the State of California against Alvogen, Inc.; Amneal Pharmaceuticals, Inc.; Apotex Inc.; Hikma Pharmaceuticals USA Inc.; Indivior Inc.; Mylan Pharmaceuticals Inc.; Sun Pharmaceutical Industries, Inc.; and Zydus Pharmaceuticals (USA), Inc. for abatement funds in the range of $1,200,000 to $2,000,000 to be paid over 10 years; the claims relate to settling companies’ allegedly improper and unlawful practices, which contributed to the epidemic of opioid abuse and misuse and caused a public nuisance.
How it got here
This legislation originated from a national settlement agreement involving multiple pharmaceutical companies related to opioid marketing practices.
The City Attorney recommended settling potential claims against several pharmaceutical companies for their marketing and distribution of opioids, which contributed to the opioid epidemic, in exchange for abatement funds.
Alvogen, Inc., Amneal Pharmaceuticals, Inc., Apotex Inc., Hikma Pharmaceuticals USA Inc., Indivior Inc., Mylan Pharmaceuticals Inc., Sun Pharmaceutical Industries, Inc., and Zydus Pharmaceuticals (USA), Inc. agreed to a national settlement that resolves claims from various governments regarding their opioid practices.
The resolution was received from the City Attorney's office for consideration by the Board of Supervisors.
The resolution was assigned to the Government Audit and Oversight Committee for review.
The Government Audit and Oversight Committee recommended the resolution for adoption.
The Board of Supervisors adopted the resolution authorizing the settlement, allowing the City to receive approximately $1,200,000 to $2,000,000 over 10 years.
The Mayor approved the resolution, finalizing the settlement agreement.
Reconstructed from attached documents & the official record
