Teva Pharmaceutical Industries will pay a total of about $523 million to New York state to settle lawsuits that alleged the Israeli-based company had contributed to the opioid epidemic in the United States. The $523 million total opioid payout to New York comprises two separate settlement agreements with Teva. The other settlement is a nationwide one reached […]
Teva Pharmaceutical Industries and AbbVie’s Allergan unit reached a settlement worth $161.5 million to resolve claims the companies fueled an opioid epidemic in West Virginia, state attorney general Patrick Morrisey said Wednesday. The agreement is the largest state-negotiated settlement in West Virginia history, and consists of $134 million in cash plus the contribution of drugs […]
NEW YORK—Teva Pharmaceutical Industries Ltd fueled opioid addiction in New York state, a jury found on Thursday, a setback for a company still facing thousands of other opioid-related lawsuits around the United States. The verdict, which followed a nearly six-month New York state court trial in a case brought by the state and two of […]
Teva Pharmaceuticals said it has launched a voluntary recall into two drugs used to treat high blood pressure over concerns that they’re contaminated with cancer-producing carcinogens. Teva is recalling all lots of Amlodipine-Valsartan combination tables and Amlodipine-Valsartan-Hydrochlorothiazide tablets due to impurities detected. They were manufactured by Mylan India. “The impurity found in Mylan’s valsartan API […]
JERUSALEM—Israel’s main public-sector labor union went on a half-day strike on Sunday, closing the airport, the stock exchange, banks and all government ministries as part of a protest against mass layoffs planned by Teva Pharmaceutical Industries. The debt-ridden Teva, one of Israel’s largest companies and the world’s largest generics drugmaker, last week said it would […]
