Subject:
Title
Consider adopting a resolution approving the city’s participation in the Proposed Settlement of Opioid-Related Claims against Alvogen, Amneal, Apotex, Hikma, Indivior, Mylan, Sun, and Zydus, and directing the city manager to execute the documents necessary to effectuate the city’s participation in the settlement.
Body
Presented By: Chris Brown, City Attorney
Recommendation and Review
A national settlement agreement with Alvogen, Amneal, Apotex, Hikma, Indivior, Mylan, Sun, and Zydus, manufacturers of opioids, resolving opioid-related claims. The settlement will provide $720 million nationwide, with funds allocated under the Virginia Opioid Abatement Fund and Settlement Allocation Memorandum of Understanding, consistent with prior opioid settlements involving distributors, manufacturers, and pharmacy chains.
Participation would allow the City to recover its share of settlement funds to help address the ongoing impacts of the opioid epidemic on local emergency services, law enforcement, public health, and related programs. The City Attorney has reviewed the settlements and recommends participation.