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J&J to contribute up to $5 billion to potential opioid settlement

Oct 13 (Reuters) - Johnson & Johnson on Tuesday said it will contribute up to $1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic, bringing the total amount it would pay to $5 billion.

The New Brunswick, New Jersey-based drugmaker said the additional money represented an increase to a proposed $4 billion settlement framework it negotiated with a group of state attorneys general that was announced in October 2019. (Reporting by Nate Raymond in Boston)

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