Teva’s parent company should be restored to New York opioid case, state attorney-general says

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New York’s Attorney-General said Teva falsely swore it had no role in the American opioids business overseen by its Teva Pharmaceuticals USA unit when it was actually a ‘primary decision maker’

should be restored to litigation over its alleged role in fueling an opioid crisis in the state, accusing the Israeli-based company of lying to evade accountability.

Attorney-General Letitia James said Teva falsely swore it had no role in the American opioids business overseen by its Teva Pharmaceuticals USA unit when it was actually a “primary decision maker,” and used shell companies to transfer “significant funds” into offshore accounts it controlled. “This new evidence shows an even greater disregard for the pain and destruction that this company fueled,” James said in a statement.On Dec. 30, a jury in New York’s Suffolk County found that Teva’s U.S. unit violated state public nuisance laws in contributing to the opioid crisis. The court had previously excused the parent company from the case.

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