Attorney General Schmitt Releases Statement on Potential $6.6 Billion Nationwide Settlement with Opioid Manufacturers Allergan and Teva
Attorney General Schmitt Releases Statement on Potential $6.6 Billion Nationwide Settlement with Opioid Manufacturers Allergan and Teva
Jul 29, 2022, 13:02 PM by AG Schmitt
Missouri Attorney General Eric Schmitt released the following statement regarding multi-state negotiations and proposed nationwide settlements with opioid manufacturers Allergan and Teva:
Allergan has agreed to key financial terms that would provide up to $2.37 billion over six years, including payments under agreements with other states. A proposed settlement with drug manufacturer Teva was also announced earlier this week. Taken together with the settlement in principle with Teva Pharmaceuticals announced on July 26, these agreements could provide up to $6.6B nationwide. States and subdivisions that have not yet reached a settlement with the company will be eligible to participate.
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