Teva News

Maryland Expects $238M From Opioid Makers and Pharmacies

Maryland Attorney General Anthony G. Brown reported that his Opioids Enforcement Unit has finalized settlements with Teva, Allergan, Walmart, and Walgreens, after multi-year investigations of these opioids-makers’ or chain pharmacies’ involvement in the opioid crisis in the state. The settlements …

Teva Agrees to Pay $126M to US Hospitals Over Opioids

Teva Pharmaceutical Industries Ltd has agreed to pay up to $126 million to U.S. hospitals over 18 years to settle claims that its marketing of opioid drugs raised the hospitals’ operating costs. As part of the proposed settlement, disclosed in …

Supreme Court Rejects Teva Challenge to $235 Million GSK Award in Patent Dispute

The U.S. Supreme Court on Monday declined to hear Teva Pharmaceuticals USA Inc’s challenge to a $235 million award to GlaxoSmithKline LLC in a patent dispute over generic drugs involving a heart medication. The justices turned away Israel-based Teva’s appeal …

Teva, AbbVie Finalize $6.6B Opioid Settlements

Teva Pharmaceutical Industries Ltd. and AbbVie Inc. have finalized the terms of settlements worth more than $6.6 billion to resolve thousands of lawsuits by U.S. state and local governments over the marketing of opioid painkillers, the companies and lawyers for …

Teva Reaches Proposed $4.35 Billion Settlement of Opioid Lawsuits

Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement that could resolve thousands of lawsuits over the drugmaker’s alleged role in the U.S. opioid epidemic. The proposal calls for Teva to pay state and local governments up …

Allergan, Teva to Pay $54M in San Francisco Opioid Lawsuit

Opioid makers Allergan and Teva have agreed to pay $54 million in cash and overdose reversal drugs to settle a federal lawsuit brought by San Francisco alleging the drug industry fueled an overdose and addiction surge that created a public …

Trial Date Set for August in $1.25B West Virginia Opioid Settlement

West Virginia communities seeking a $1.25 billion settlement with the opioid industry are set to go on trial against the companies in late August, a federal judge said Thursday. The Aug. 31 trial date will serve as a deadline for …

Drug Industry to Pay $1.25B to Settle Opioid Suits with West Virginia

Communities in West Virginia say they would get $1.25 billion from the drug industry in a proposed settlement that would end most of the litigation stemming from the opioid crisis in the state. The deal would be the first of …

Indianapolis Sues Several Opioid Makers, Distributors

The city of Indianapolis sued several manufacturers and distributors of prescription painkillers in federal court on Nov. 14, alleging that their actions are to blame for the city’s growing opioid crisis. The lawsuit contends that the “dramatic increase” in painkiller …