Teva Pharmaceutical Industries Ltd. News

Walgreens, Teva Accused of Fueling Opioid Addiction in Quest for New Markets

Walgreens Boots Alliance and Teva Pharmaceutical Industries Ltd. ignored the health risks when they created new markets for opioids, a lawyer for the city of San Francisco told a judge on Monday during opening statements of the first trial to …

Teva Fueled Opioid Addiction in New York, Jury Finds

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 …

California Judge Delivers Drugmakers 1st Trial Win in Opioid Litigation

A California judge on Monday said he would rule against several large counties that accused four drugmakers of fueling the U.S. opioid epidemic, saying they failed during a trial to prove their $50 billion case. Orange County Superior Court Judge …

California Judge Questions Counties’ Opioid Case Against Drugmakers at Trial’s End

A California judge on Thursday said several large counties accusing four drugmakers of fueling an opioid epidemic had presented a “dearth of evidence” during a multi-billion dollar trial to support finding the companies’ pain pill marketing caused the health crisis. …

Opioid Suppliers Rebut Claims in First Jury Trial Over Epidemic

Opioid suppliers including Teva Pharmaceutical Industries Ltd. and McKesson Corp. began their defense of claims the industry is liable for an epidemic of addiction by telling a New York jury there’s no proof they did anything wrong. Drug makers and …

J&J, Other Drugmakers Go to Trial in California in $50B Case Over ‘Deadly Legacy’ of Opioids

Four drugmakers helped cause the deadly U.S. opioid epidemic by deceptively marketing their drugs and downplaying their addictive risks, a lawyer for several California counties argued on Monday at the start of a multibillion-dollar trial. Those counties accuse Johnson & …

New York Charges Teva, Allergan With Insurance Fraud Over Opioid Claims

NEW YORK — New York state filed civil charges on Tuesday accusing Teva Pharmaceutical Industries Ltd and Allergan Plc with insurance fraud for downplaying the risks of their opioid painkillers to patients and doctors. Governor Andrew Cuomo said the charges …

Opioid Companies Say Lawyers’ Fee Demand Threatens Settlement Talks

Johnson & Johnson and other drug companies facing thousands of lawsuits over their role in the opioid epidemic have warned that settlement talks will be “severely” jeopardized if plaintiffs’ lawyers are allowed to assess a fee payment worth billions of …

U.S. Prosecutors Open Criminal Probe of Opioid Makers, Distributors

Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare crisis, according to regulatory filings. Five companies have received subpoenas from the U.S. Attorney’s office …

$50 Billion Opioid Settlement Bid Sparks States-Cities Fight

About $50 billion in settlement offers by drugmakers and distributors have sparked a fight between state attorneys general and thousands of local governments over how much the pharmaceutical industry should pay for its role in creating the U.S. opioid epidemic. …