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COVID-19 Continues To Hinder Teva Opioid Settlement – Although Deal Is ‘Close’

Teva ‘Optimistic’ About Proposed Framework; But ‘Pessimistic’ About Timing

Executive Summary

Uncertainty over resolving opioids litigation led Teva to write down the value of its goodwill by more than $4bn in 2020. Management has provided the latest update on getting a deal over the line and removing a significant legal overhang.

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