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Massachusetts AG reaches settlement with opioid maker Endo

08/17/2022

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2022.08.17 06:33

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Massachusetts AG reaches settlement with opioid maker Endo
FILE PHOTO: A full syringe, empty syringe and spoon sit on the roof of the car in which a man in his 20’s overdosed on an opioid in the Boston suburb of Lynn, Massachusetts, August 14, 2017. REUTERS/Brian Snyder/File Photo

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(Reuters) – Massachusetts Attorney General Maura Healey said on Tuesday a settlement has been reached with opioid maker Endo International (NASDAQ:ENDP) PLC and its lenders to provide $450 million as part of Endo’s bankruptcy.

The proposed settlement would provide cash to address opioid crisis, require significant document disclosure, and ban the promotion of Endo’s opioids, the AG said in a statement.

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08/17/2022

Less than a minute