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Teva Inks $4.35bn Nationwide US Opioids Settlement Agreement

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

 
• By Dean Rudge

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.

US flag gavel (Andriy Popov/Alamy Stock Photo)
The proposed agreement is subject to several conditions • Source: Shutterstock (Andriy Popov / Alamy Stock Photo/Alamy Stock Photo)

Teva looks set to draw a line under its long-running and costly US opioid litigation saga after announcing a nationwide agreement in principle worth $4.35bn, including already concluded agreements, spread over 13 years to resolve most of its cases.

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