Government and Politics
November 23, 2022
From: Iowa Governor Kim ReynoldsOpioid makers agree to restrictions on sales, marketing
DES MOINES – Iowa Attorney General Tom Miller has reached a final agreement with opioid makers Teva Pharmaceuticals and Allergan that would provide $42.6 million to the state of Iowa and local governments.
In total, the settlements would provide up to $6.6 billion nationally and include critical business practice changes and transparency requirements.
“I am pleased to announce my support for this meaningful resolution negotiated by a bipartisan group of AGs. These settlements will not only provide $6.6 billion nationally to address the opioids crisis, but they will also require changes to reduce the risk of addicting patients,” Miller said. “We held Teva and Allergan accountable for deceptively marketing opioids and failing to maintain effective controls to prevent diversion. And we will continue to ensure victims of this epidemic receive the help they need.”
Miller had reached agreements in principle on financial terms with the companies in late July, and negotiations continued on terms for injunctive relief and other details. Miller’s office helped lead negotiations among a bipartisan group of AGs.
Here are details on the settlements:
Teva
Teva will pay a maximum of $4.25 billion in cash over 13 years. This figure includes amounts Teva has already agreed to pay under settlements with individual states.
Teva will also provide up to $1.2 billion in generic naloxone over a 10-year period, or $240 million of cash in lieu of product, at each state’s election. Naloxone is used to counteract overdoses.
Under the agreement, Teva must:
Teva, an Israel-based drug manufacturer, makes Actiq and Fentora, which are branded fentanyl products for cancer pain, and a number of generic opioids including oxycodone.
States alleged that Teva:
Allergan
Allergan will pay up to $2.37 billion to participating states and local governments over seven years. This figure includes amounts Allergan has already agreed to pay under settlements with individual states,.
Under the agreement, Allergan must:
Ireland-based Allergan formerly made Norco- and Kadian-branded and generic opioids. The company sold its generics portfolio, including opioid products, to Teva in 2016.
The coalition of states alleged that Allergan:
Find Help
If you or a loved one suffers from Opioid Use Disorder, go to IowaOpioidHelp.com to find treatment centers and other resources across the state. The Iowa Attorney General’s Office launched the site in September to provide Iowans with a path to recovery.
“Most people do not realize that addiction to opioids is treatable and that Iowans suffering from Opioid Use Disorder can successfully regain control of their lives,” AG Miller said. “There is help and hope available right now.”
For more information on opioid settlements, visit our Opioid Settlement Information page.