Opioid maker Johnson and Johnson and three drug distributors are expected to disclose this week the final terms of a $26 billion settlement for thousands of lawsuits accusing them of fuelling a public-health crisis. Photograph: NYT

US states are nearing a $26 billion (€22 billion) settlement with three drug distributors and drugmaker Johnson & Johnson to resolve claims that t(...)

New York attorney general Letitia James.

The three largest US drug distributors agreed mid-trial to pay up to $1.1 billion (€930 million) to settle claims by New York state and two of its big(...)

Lloyds is the second largest pharmacy chain in the Irish market after Boots. Photograph: Dara Mac Donaill

US pharmaceuticals group McKesson Corp has agreed to sell its Irish business, which includes the 90-outlet chain of Lloyds pharmacies and the United D(...)

Irish market heavyweight CRH powered 7.8 per cent higher to €37.31. Photograph: Brenda Fitzsimons

The Iseq stocks index in Dublin jumped on Wednesday to fresh highs not seen since late 2007, before the financial crash, as European stocks rose after(...)

Boots distributor Alliance Healthcare is being bought out of Walgreens by AmerisourceBergen in a €5.3 billion deal

US drug wholesaler AmerisourceBergen has agreed to buy Alliance Healthcare, a distributor owned by Walgreens Boots Alliance, for about $6.5 billion (€(...)

The lawsuits accuse drug makers of overstating the benefits of opioids while downplaying the risks. Photograph: Eric Baradat/AFP via Getty

Four large drug companies reached a last-minute $260 million (€233 million) legal settlement over their role in the US opioid addiction epidemic, aver(...)

The first landmark US federal opioid trial is set to begin Monday after furious, last-minute settlement talks  faltered. Photograph: Ty Wright

Drugmaker Teva Pharmaceuticals and three distributors of opioid painkillers reached a settlement with two US counties over their alleged role in the o(...)

UK prime minister Boris Johnson told Conservative MPs that his government is nearing an accord with the EU.

Irish shares and the wider European equities market dipped on Wednesday as investors adopted a more cautious stance ahead of a bulletin on the much so(...)