drug manufacturers News

Mallinckrodt Second Bankruptcy Would Cut $1 Billion From Opioid Settlement

Drugmaker Mallinckrodt aid on Wednesday it expects to file for a second bankruptcy in the coming days, after reaching a debt reduction deal that would cut $1 billion from the amount it owes to victims of the opioid crisis. The …

Drugmaker Indivior Agrees to Pay $30M to Settle Suboxone Monopoly Claims

Indivior has agreed to pay $30 million to settle a class action lawsuit filed in a U.S. court by health plans accusing the drugmaker of illegally suppressing generic competition for its opioid addiction treatment Suboxone. The settlement, disclosed on Saturday …

Refugees Lack COVID Shots Because Drugmakers Fear Lawsuits – Documents

BRUSSELS/BANGKOK — Tens of millions of migrants may be denied COVID-19 vaccines from a global program because some major manufacturers are worried about legal risks from harmful side effects, according to officials and internal documents from Gavi, the charity operating …

U.S. Sues Walmart Saying Pharmacies Fueled Opioid Crisis

WASHINGTON — The U.S. Justice Department sued Walmart Inc on Tuesday, accusing the world’s biggest retailer of fueling the opioid crisis in the United States, ignoring warning signs from its pharmacists and filling thousands of invalid prescriptions. In a civil …

U.S. Appeals Court Rejects Novel Opioid Settlement Framework

A federal appeals court on Thursday overturned a judge’s approval of a novel plan by lawyers representing cities and counties suing drug companies over the U.S. opioid crisis that would bring every community nationally into their settlement talks. The 6th …

Tennessee Board Adds New Rules for Compounding Pharmacies

The Tennessee Board of Pharmacy says it has adopted new regulations for compounding pharmacies licensed by the state following recent outbreaks of illnesses associated with tainted medicines created at these specialty pharmacies. The Pharmacy Board said in a news release …