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Teva Inks $4.35bn Nationwide US Opioids Settlement Agreement

US-Wide Documentation To Be Finalized ‘Within The Coming Weeks’

Executive Summary

Teva is to put more than $3bn in cash on the table over the next 13 years to resolve longstanding opioid-related claims against the company in the US.

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Generics Bulletin looks back at a selection of the most significant legal stories from 2022, including a major victory in the UK on the Eliquis blood thinner giant and continued action on generic label carve outs, which has the potential to reverberate through the US industry.

Long-Awaited Nationwide Opioid Settlement To Move Forward For Teva

Teva has all but two US states on board for its long-hoped-for nationwide settlement to resolve opioid-related claims against the firm.

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Teva will pay $931, 000 to dismiss price-fixing claims filed in a 2020 multistate lawsuit but its legal troubles are far from over.  

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