County Approves Amneal Opioid Settlement Participation
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Description
Alpena County authorized participation in the national opioid settlement with Amneal Pharmaceuticals, Inc., tied to a $71.75 million, ten‑year payment stream. The county’s share will fund opioid abatement efforts under a 50/50 allocation with the State of Michigan.
Contract Details
Contract Amount
$71,751,010 over ten years (national settlement payments)
Vendor
AMNEAL PHARMACEUTICALS INC
Agency
Alpena County, MI
Contract Type
LEGAL
Document Date
November 25, 2025
Contract Term
Ten-year national settlement payment schedule
Renewal Info
Ten-year structured settlement; participation agreement does not include traditional renewal options.
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