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Drug manufacturers reach $161.5M settlement with West Virginia AG over opioid epidemic

JURIST

West Virginia Attorney General Patrick Morrisey Wednesday announced a $161.5 million settlement with drug manufacturers Teva Pharmaceutical Industries (Teva) and Allergan over their involvement in the state’s opioid epidemic. The post Drug manufacturers reach $161.5M McKinsey $10,000,000.

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Opioid manufacturers and San Francisco reach $58M settlement

JURIST

San Francisco alleged that pharmaceutical manufacturers such as Teva and AbbVie’s Allergan “fueled a widespread surge of opioid-related addiction and overdoes in San Francisco, creating an ongoing public nuisance in the region.” Walgreens is expected to appear in court to defend against the city’s claims.

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Opioid manufacturer Teva Pharmaceuticals announces $4.35B settlement with state, local governments

JURIST

Opioid manufacturer Teva Pharmaceuticals Industries Tuesday announced a $4.35 Teva is an Israeli multinational pharmaceutical company which manufactures prescription medication including opioids. In recent years, US states, cities, counties and tribes have filed more than 3,000 lawsuits against opioid manufacturers like Teva.

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Mexico appeals dismissal of lawsuit against US-based gun manufacturers

JURIST

Mexico Wednesday filed an appeal in its civil lawsuit against US-based firearms manufacturers and distributors in an attempt to crack down on the trafficking of American weapons to drug cartels within Mexico. ” The post Mexico appeals dismissal of lawsuit against US-based gun manufacturers appeared first on JURIST - News. .”

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French manufacturing company must pay $778M in US plea deal for bribing terrorist organizations

JURIST

French building materials manufacturer Lafarge and its Syrian subsidiary Tuesday pleaded guilty in a New York federal court to conspiring to provide material in support of the Islamic State of Iraq and al-Sham (ISIS) and the al-Nusrah Front (ANF). Both ISIS and ANF are designated foreign terrorist organizations in the US.

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First plaintiff in Zantac litigation drops suit against drug manufacturers

JURIST

The first plaintiff scheduled to go to trial against drug manufacturers for the heartburn medication Zantac Tuesday dropped his suit. ranitidine) caused him to develop esophageal cancer, told the court and drug manufacturers that he intended to file a notice of voluntary dismissal. Joseph Bayer, who claimed Zantac (also known as ??ranitidine)

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Opioid manufacturer Teva Pharmaceuticals announces $523M settlement with New York state

JURIST

New York Attorney General Letitia James Thursday reached a $523 million settlement with opioid manufacturer Teva Pharmaceuticals Industries. James first began prosecuting opioid manufacturers in 2019. The lawsuit cited drug companies’ deliberate betrayal of their duty to protect against drug abuse.