ACCESSIBILITY

24/7

Headlines

10:39

Intel’s decision to keep NEX signals stability for Israel’s 350 networking staff

10:29

Intel VP: “We had 11 or 12 layers of management... now it’s 5 or 6”

21:48

From textile recycling to autonomous vessels: The vision behind the Dream Team startups

20:25

ELNET: German business leaders “are looking with admiration and respect towards the Startup Nation”

Buzz

Most popular

Daily

Weekly

Inside the mind of a Nobel physicist: John Martinis on the future of quantum computing

Check Point raises $1.75 billion, potentially eyeing AI expansion

Hapag-Lloyd eyes ZIM acquisition, workers push back

Sequoia’s Shaun Maguire says Israel risks losing “a war it can’t see”

Cybereason founders' 7AI raises record $130 million Series A in breakneck rise

More news

Opioid

10 stories about Opioid

Why are investors so pleased about Teva's $4.35 billion opioid settlement?

27.07.22|Sophie Shulman

The settlement removes the cloud of uncertainty that hovered over Teva, which on the one hand prevented investors from placing trust in its stock, while on the other hand also prevented Teva management from making substantial moves

Teva reaches $4.35 billion settlement in U.S. opioid lawsuits, shares surge

27.07.22|Sophie Shulman and Reuters

Teva is set to pay state and local governments up to $3.7 billion in cash over 13 years plus a contribution of $1.2 billion worth of the opioid overdose reversal drug naloxone

Double trouble for Teva as NY State files charges on same day as DOJ

18.08.20|CTech

Governor Andrew M. Cuomo announced that the New York State Department of Financial Services has initiated administrative proceedings against Teva in connection with the Opioid Crisis

Teva Announces $23.25 Billion Opioid Abuse Settlement Agreement

22.10.19|Lilach Baumer

Teva announced on Monday a settlement with both Cuyahoga and Summit counties of Ohio, averting the trial scheduled for later that day, and an agreement in principle for a global settlement framework

Teva Makes $15 Billion Settlement Offer in U.S. Opioid Case, Report Says

16.10.19|Hezi Sternlicht

The Israeli drugmaker and several other drug distributors are set to face around 2,500 lawsuits related to the U.S. opioid abuse epidemic in just a week at a Cleveland, Ohio federal court

Judge Rejects Teva’s Request to Be Tried Separately in U.S. Opioid Case, Report Says

13.10.19|CTech

Teva made a last minute attempt to be tried separately in opioid abuse damages case set to be held on October 21 in federal court in Cleveland, Ohio

Court Approves One Teva Opioid Settlement, Many More to Come

25.06.19|Hezi Sternlicht

The settlement will see Teva will pay Oklahoma a one-time payment of $85 million to settle claims that it had played a role in exacerbating the U.S. opioid use epidemic there

Israel Leads OECD Countries on Opioid Use Increase, Says Report

19.05.19|Adrian Filut

Between 2011 and 2016, the availability of opioids in Israel grew by 125%, according to an OECD report published over the weekend

FDA Approves Teva’s Generic Nasal Spray for Opioid Overdose

21.04.19|Lilach Baumer

Commonly known as Narcan, the spray is considered a life-saving medication, and Teva’s drug is the first generic product approved that does not require medical training to use

Bidder Contests Teva Sale of Jerusalem Facility

31.03.19|Amitai Gazit and Lilach Baumer

Earlier this month, Teva agreed to sell the land tenure rights of its two Jerusalem factories, set to close by the end of 2019, for a combined $77 million