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Name | Symbol | Market | Type |
---|---|---|---|
Teva Pharmaceutical Industries Ltd | NYSE:TEVA | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.11 | 0.85% | 12.99 | 13.03 | 12.78 | 12.94 | 8,982,074 | 01:00:00 |
By Josh Beckerman
Teva Pharmaceutical Industries Ltd. (TEVA, TEVA.TV) has reached a framework for a multistate settlement of opioid-related litigation, which would include donation of buprenorphine naloxone tablets with a value of about $23 billion (at wholesale acquisition cost).
Teva would also provide a cash payment of up to $250 million over 10 years.
Teva said an agreement in principle includes attorneys general from North Carolina, Pennsylvania, Tennessee and Texas, as well as certain defendants.
Attorneys said earlier Monday that Teva and three other companies agreed to a settlement with two Ohio counties.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
October 21, 2019 14:28 ET (18:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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