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Teva, Allergan reach $161.5 million opioid settlement with West Virginia

2022.05.25 17:00

Teva, Allergan reach $161.5 million opioid settlement with West Virginia
FILE PHOTO: The logo of Teva Pharmaceutical Industries is seen in Tel Aviv, Israel February 19, 2019. REUTERS/Amir Cohen/File Photo

(Reuters) – Teva Pharmaceutical Industries (NYSE:TEVA) and AbbVie (NYSE:ABBV)’s Allergan (NYSE:AGN) unit reached a settlement worth $161.5 million to resolve claims the companies fueled an opioid epidemic in West Virginia, state attorney general Patrick Morrisey said Wednesday.

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