Teva to pay up to $4.2 billion in U.S. to settle opioid claims

,
Teva

Teva to pay up to $4.2 billion in U.S. to settle opioid claims

Nov 3 (Reuters) – Teva Pharmaceuticals (TEVA.TA) will pay up to $4.2 billion in the United States to settle claims related to its role in fueling the country’s opioid crisis, New York Attorney General Letitia James said on Thursday.

The company will pay $523 million to New York state to settle claims in the state, James said. (View the press release from the NY Attorney General)

Reporting by Leroy Leo in Bengaluru; Editing by Shailesh Kuber

Our Standards: The Thomson Reuters Trust Principles.

Source: Reuters