Opioid Settlement: Reckitt Benckiser Agrees To Pay $1.4 Billion

Opioid Settlement: Reckitt Benckiser Agrees To Pay $1.4 Billion

British company Reckitt Benckiser

has agreed to pay $1.4 billion to resolve all U.S. government investigations and claims in what is the biggest drug industry settlement to date stemming from the nation’s deadly opioid epidemic.

In a statement Thursday,

Reckitt Benckiser

denied wrongdoing but said the settlement deal “avoids the costs, uncertainty and distraction associated with continued investigations, litigation and the potential for an indictment.”

The company’s former Indivior division,

spun off in 2014, makes an opioid-addiction drug called Suboxone Film that dissolves under the tongue.

In April, the Justice Department charged Indivior with felony fraud and conspiracy.

NPR

https://www.npr.org/2019/07/11/740856948/reckitt-benckiser-agrees-to-pay-1-4-billion-in-opioid-settlement?utm_medium=RSS&utm_campaign=news

RB reaches settlement to fully resolve all federal investigations

https://www.rb.com/media/news/2019/july/rb-reaches-settlement-to-fully-resolve-all-federal-investigations/