Rhode Island Attorney General Peter Neronha. Credit: Anthony Ricci/Shutterstock.com Teva Settles Rhode Island's Opioid Case, Avoiding Trial
Attorney General Peter Neronha announced on Monday that Rhode Island had settled opioid claims against Teva and Allergan for a total value of about $107 million.
March 21, 2022 at 04:40 PM
4 minute read
Pharmaceuticals
The state of Rhode Island has settled opioid claims against generic pharmaceutical manufacturer Teva Pharmaceutical Industries Ltd. just before its lawyers were set to begin opening statements to jurors on Monday.
Rhode Island Attorney General Peter Neronha said the Teva agreement and another settlement with Allergan together totaled about $107 million in value. That includes $28.5 million in cash: Teva will provide $21 million, while $7.5 million will come from Allergan. Both settlements also provide 1 million nasal sprays of Naxloxone, used to treat opioid overdoses, over the next decade.
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