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Cardinal Health won't rule out opioids settlement

a cardinal health distribution facility
Cardinal Health is a major distributor of opioids. Photo: Ty Wright / Bloomberg via Getty

More cities and counties are suing opioid manufacturers and drug distributors, alleging those companies instigated the opioid crisis through deceptive marketing and negligance. Executives of Cardinal Health, a major drug wholesaler, believe they have done the right things but won't rule out a settlement down the road.

What they said: "Down the line (if there is a) more potentially efficient way to go, there might be a settlement. But that’s probably going to be a long time off, and it’s really hard for me to quantify it at this point in time," Cardinal Health CEO Mike Kaufmann said at the J.P. Morgan Healthcare Conference in San Francisco.