Teva And Endo Settle Opioid Claims In Louisiana With Millions In Cash
Israeli Giant ‘Is Continuing To Negotiate A National Settlement’
Teva underlined that it was open to further individual state settlements in its broad and sweeping opioid litigation after reaching a deal with the Louisiana Attorney General's office.
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Teva has settled the final outstanding advanced US state-level opioid-related case against the firm, but recent allegations from the New York attorney general could see the firm back in court sooner rather than later.
Teva has settled the opioid claims it faced in the state of Florida, alongside CVS, Allergan and Endo.
Teva has settled with the state of Rhode Island on opioid-related claims and is set to pay the state $21m in cash and provide $78.5m worth of Narcan and Suboxone. The settlement was reached just as Rhode Island was preparing to take Teva to trial.