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AP National Business

Drugmaker Teva latest to settle opioid lawsuits nationally

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Published 5:38 PM

By GEOFF MULVIHILL
Associated Press

Drugmaker Teva has announced an agreement to settle lawsuits over the allegations that it helped fuel the U.S. opioid epidemic. The deal calls for the Israel-based company to pay more than $4.3 billion to state and local governments and Native American tribes over 13 years. The total includes settlements the company has already reached with individual states and providing at no charge a drug that reverses overdoses. The company was found liable last year in a trial involving claims in New York state; that will still head to a damages phase unless a separate deal is reached on those claims.

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