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 - Copyright AARON JOSEFCZYK(Reuters)

By Reuters

Published on 21/10/2019 - 16:34•Updated 26/04/2024 - 14:34

Comments

(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)

Comments

You might also like