Israel sues Teva over blockbuster MS drug, seeking $100M in royalty pay — report
As Teva is facing opioid litigation and potential settlements in the US, it is now facing more litigation on the other side of the world — on its own turf.
First reported by Globes, the State of Israel filed a lawsuit Wednesday in a district court seeking a $100 million judgment against Teva, with the state claiming that the company violated the state’s rights to certain research by not paying royalties for Copaxone, a blockbuster multiple sclerosis treatment that Teva retains marketing rights for.
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