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Drug Maker Teva Reaches Proposed $4.25 Billion Settlement Over Alleged Role in Opioid Crisis

Drug Maker Teva Reaches Proposed $4.25 Billion Settlement Over Alleged Role in Opioid Crisis
Teva Pharmaceuticals workers pack drugs in a clean room at the company's manufacturing plant in Jerusalem on March 10, 2008. Uriel Sinai/Getty Images
Katabella Roberts
Katabella Roberts
7/27/2022|Updated: 7/27/2022
0:00

Pharmaceutical company Teva has agreed in principle to pay $4.25 billion after reaching a nationwide settlement with multiple states and local governments over its alleged role in the U.S. opioid crisis.

The Israeli-based pharma giant on July 26 announced the agreement, which is set to end thousands of lawsuits filed against the company.
Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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