Teva agrees to tentative $4.25 billion national settlement over opioids - Shapiro For Governor
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July 27, 2022News Clips

Teva agrees to tentative $4.25 billion national settlement over opioids

The Israeli drugmaker Teva Pharmaceuticals has agreed to a proposed $4.25 billion deal to resolve thousands of lawsuits brought by states, other jurisdictions and, for the first time in a national settlement, Native American tribes over the opioid epidemic.

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“Teva downplayed the risk of addiction when it marketed its opioids and overstated potential benefits, deceiving doctors and patients,” Pennsylvania Attorney General Josh Shapiro said in a statement. “Today’s settlement ensures Teva will pay for its irresponsible actions, with funds going directly to communities in Pennsylvania most impacted by the opioid epidemic.”

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