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Judge OKs ad blitz for opioid epidemic claimants

January 24, 2020

The judge presiding over Purdue Pharma’s bankruptcy has approved a nationwide noticing program for potential monetary award claimants that would reach ~95% of U.S. adults.

The $23M campaign will include mailings, television and internet advertisements (including Facebook and Spotify).

The deadline for filing claims is June 30.

Opioid crisis-related tickers: McKesson (MCK -3.3%), AmerisourceBergen (ABC -5.2%), Cardinal Health (CAH -3.6%), Mallinckrodt (MNK -7.1%), Teva Pharmaceutical Industries (TEVA -4%), Johnson & Johnson (JNJ +0.1%), Endo International (ENDP -9%)

https://seekingalpha.com/news/3534427-judge-oks-ad-blitz-for-opioid-epidemic-claimants

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