(WBBM NEWSRADIO) — Illinois Attorney General Kwame Raoul announced a final settlement with an opioid manufacturer and a former opioid maker, which will require both to fund efforts to address the effects of opioid addiction.
Raoul and an executive committee of 13 attorneys general led the settlement negotiations with Teva Pharmaceuticals and the Ireland-based Allergan.
In all, the settlement will provide some $6.5 billion dollars nationally.
Teva makes branded fentanyl products and generic opioids. Ireland-based Allergan had once made branded and generic opioids, and they also sold some products to Teva.
Under the settlement, Teva will pay more than $4 billion over 13 years. Allergan will pay more than $2 billion to participating states and local governments over seven years.
“The opioid addiction crisis is not over,” Raoul said. “Even today, individuals battle opioid addiction, which affects every facet of their lives and impacts their relationships with loved ones. The companies responsible for fueling this crisis must be held accountable.”
Both companies have also been ordered to change their business practices related to opioids.
Raoul urged anyone who believes they or a loved one might be addicted to opioids to call the Illinois Helpline for Opioids and Other Substances at 833-234-6343 or text “help” to 833234.
Related
Related
Listen to WBBM Newsradio now on Audacy!