Teva Pharmaceutical Industries Ltd News

New York Regulator Issues Insurance Fraud Action Against Two Opioid Manufacturers

The New York State Department of Financial Services (DFS) has filed charges and initiated administrative proceedings against Teva Pharmaceutical Industries Ltd. and its subsidiaries, as well as Allergan PLC and its subsidiary Allergan Finance LLC, in connection with the opioid …

Concerns Arise About How Oklahoma’s Opioid Settlement Money Will Be Used

Oklahoma’s legal fight against the opioid industry has racked up settlements and judgments of nearly $1 billion, but as the numbers keep rising, so do concerns over how that money will be spent. Experts say the $572 million judgment issued …

At Oklahoma Trial, J&J Opioid-Sales Tactics Called a ‘Smart Strategy for Drug Dealer’

Johnson & Johnson used promotional gimmicks for its opioid painkillers that are similar to how criminal drug dealers try to boost sales, a pharmaceutical-industry critic told a judge hearing Oklahoma’s claim that the company helped fuel a crisis of addiction. …

Oklahoma Judge Has Questions About $85M Opioid Settlement

An Oklahoma judge is declining to approve the state’s proposed $85 million settlement with an opioid maker until he’s assured it complies with a new law targeting such deals. The attorney general’s office says Cleveland County Judge Thad Balkman has …

Oklahoma’s Opioid Trial Against Drugmakers J&J, Teva Set to Begin

Gail Box vividly remembers the day in May 2011 when she first learned her 22-year-old son Austin, a University of Oklahoma linebacker, was abusing opioid painkillers: It was the day he died of an overdose. In a few months he …

New York City Sues Drug Companies Over Opioid Epidemic

New York City on Tuesday sued eight companies that make or distribute prescription opioids, blaming them for fueling a deadly epidemic afflicting the most populous U.S. city. Mayor Bill de Blasio said the lawsuit sought $500 million of damages to …

Delaware Sues Opioid Manufacturers, Distributors Over Epidemic

Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making, distributing and selling prescription painkillers. The lawsuit, filed by Delaware Attorney …

Missouri Becomes 3rd State to Sue Opioid Manufacturers

Missouri on June 21 became the third U.S. state to accuse major drug manufacturers of fraudulently misrepresenting the risks of opioid painkillers now at the center of a national addiction epidemic. Missouri Attorney General Josh Hawley said his office filed …

New York County Sues Purdue, J&J Over Opioid Marketing

A county in New York state has sued Purdue Pharma LP, Johnson & Johnson and other drugmakers, accusing them of engaging in fraudulent marketing that played down the risks of prescription opioid painkillers, leading to a drug epidemic. The lawsuit, …