Te­va, Al­ler­gan open to set­tling 3500+ law­suits for more than $5B as ne­go­ti­a­tions con­tin­ue — re­port

Sev­er­al com­pa­nies have doled out tens, if not hun­dreds of mil­lions of dol­lars to set­tle lit­i­ga­tion sur­round­ing the role they al­leged­ly had dur­ing the opi­oid epi­dem­ic on the state lev­el. In the case of com­pa­nies like Pur­due Phar­ma, a fed­er­al judge ap­proved a set­tle­ment that would see states re­ceive up to $6 bil­lion over the next 18 years.

Now, a re­port hints that Te­va and Al­ler­gan may be lin­ing up to be the next multi­bil­lion-dol­lar set­tle­ment.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.