Drug companies avert landmark opioids trial as talks on US$48 billion settlement set to resume

CLEVELAND: Four large drug companies could resume talks on Tuesday to try to reach a US$48 billion settlement of all opioid litigation against them, after agreeing with two Ohio counties to a US$260 million deal to avert the first federal trial over their role in the U.S. opioid epidemic.

Teva, the world's largest maker of generic drugs, said it will make its contribution over three years.The companies have been accused of fueling a nationwide opioid crisis. Some 400,000 U.S. overdose deaths between 1997 and 2017 were linked to opioids, according to government data. Teva and attorneys general for four states pushed to salvage a deal they had reached last week, which was rejected by the team representing local governments.

Hanly said the attorneys general deal was spread over too many years to be acceptable. He said he did not expect the attorneys general to participate when talks resumed this week.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Drug companies avert landmark opioids trial as talks on US$48 billion settlement set to resumeFour large drug companies reached a last-minute US$260 million legal settlement on Monday over their role in the U.S. opioid addiction epidemic, ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Drug companies reach US$260 million settlement, averting first federal opioid trialFour large drug companies reached a last-minute US$260 million legal settlement over their role in the U.S. opioid addiction epidemic, averting ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Drug companies reach S$354m settlement, averting first US opioid trialCLEVELAND (REUTERS) - Four large drug companies reached a last-minute US$260 million (S$354 million) legal settlement over their role in the US opioid addiction epidemic, averting the first federal trial that was scheduled to start Monday (Oct 21) morning in Cleveland.. Read more at straitstimes.com.
Fuente: The Straits Times - 🏆 8. / 63 Leer más »