Teva, three U.S. drug distributors reach opioid settlement - source

Teva, three U.S. drug distributors reach opioid settlement - source
FILE PHOTO: A view of the statue standing in front of the U.S. District Courthouse in Cleveland, Ohio, U.S., October 18, 2019. REUTERS/Aaron Josefczyk -
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(Reuters) – Drug maker Teva Pharmaceutical Industries Inc <TEVA.TA> and the three biggest U.S. drug distributors reached a settlement on Monday to avoid a trial over their role in the opioid addiction crisis, a source said on Monday.

Distributors Mckesson Corp <MCK.N>, Cardinal Health Inc <CAH.N> and AmerisourceBergen Corp <ABC.N> were set to go to trial Monday morning, along with pharmacy chain Walgreen Boots Alliance Inc <WBA.O>.

The source did not say if Walgreen was part of the settlement.

(Reporting by Tom Hals in Wilmington, Delaware; editing by Jason Neely)

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