$86 Million Opioid Settlement

NOT ENOUGH! –

July 26, 2024 – Indivior reached an $86 million settlement with 16 U.S. states over the drug manufacturer’s alleged role in spreading opioid addiction across the United States, New York Attorney General Letitia James said on Friday. The settlement concerned Indivior’s manufacture of buprenorphine-based products meant to treat opioid abuse, but which allegedly can fuel addiction if misused.

The North Chesterfield, Virginia-based company was accused of improperly targeting sales to doctors running pill mills and failing to monitor suspicious orders, leading to inappropriate prescriptions.

Indivior’s buprenorphine-based products include Sublocade and Suboxone. When companies like Indivior exploit those in the thralls of addiction for profit, their behavior must be stopped,” James said in a statement.

She said the $86 million will be used over five years for opioid addiction treatment, recovery and prevention.

Indivior did not immediately respond to requests for comment. t said on Thursday it set aside, opens new tab

$75 million for an expected settlement, reflecting the net present value of the payout. A final settlement must still be negotiated.

More than 800,000 people in the United States died of opioid overdoses between 1999 and 2023, the U.S. Centers for Disease Control and Prevention has said.