Morris & Dickson, one of the largest U.S. wholesale drug distributors, agreed to pay $22 million in civil penalties to settle U.S. government charges that it failed to report thousands of suspicious orders of the opioids hydrocodone and oxycodone.
The U.S. Department of Justice said on Friday that the Shreveport, Louisiana-based company will also spend millions of dollars to hire staff and upgrade oversight to help comply with federal regulations requiring that orders be properly reported.
Founded in 1841, Morris & Dickson is the largest privately owned wholesale drug distributor in the United States, and fourth largest overall, with more than $4 billion of revenue in the year ended Jan. 31, 2018, the Justice Department said. "The opioid crisis is real, and we unequivocally accept our responsibility to do everything in our control as a distributor to prevent misuse - while also protecting deserving patients' ability to receive the doctor-prescribed medications they absolutely need," the company added.
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