Tag: Teva Pharmaceutical

Teva to Pay $523 Million to New York in Opioid Settlement

November 4, 2022
Local NewsNew YorkNY NewsopioidRegional-Local NewsTeva PharmaceuticalUSUS News
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Teva Pharmaceutical Industries will pay a total of about $523 million to New York state to settle lawsuits that alleged the Israeli-based company had contributed to the opioid epidemic in the United States. The $523 million total opioid payout to New York comprises two separate settlement agreements with Teva. The other settlement is a nationwide one reached…

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Teva Pharmaceutical Expects to Start Paying US Opioid Settlement in 2023

September 20, 2022
Business & MarketsCompanieseconomyopioidsettlementTeva Pharmaceutical
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TEL AVIV—Teva Pharmaceutical Industries expects to finalize an opioid settlement in the United States by year-end and start paying in 2023, its chief executive said on Sunday, while confirming he was unlikely to renew his contract next year. After years of negotiations, Israel-based Teva in July proposed a $4.35 billion nationwide settlement—mostly cash and partly…

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