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AmextaFinance > Markets > Stocks > Indivior to pay $385 million to end Suboxone monopoly lawsuits
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Indivior to pay $385 million to end Suboxone monopoly lawsuits

News Room
Last updated: 2023/10/23 at 5:09 AM
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© Reuters. FILE PHOTO: Pharmacist Jim Pearce fills a Suboxone prescription at Boston Healthcare for the Homeless Program in Boston, Massachusetts January 14, 2013. REUTERS/Brian Snyder/File photo

(Reuters) – Drugmaker Indivior said on Monday it will pay $385 million to settle a lawsuit brought by direct purchasers on claims it illegally suppressed generic competition for its opioid addiction treatment Suboxone.

Indivior had in June agreed to pay $102.5 million to settle a lawsuit by dozens of U.S. states regarding the claims.

The agreement with the direct purchasers will mark the end of the multi-district litigation relating to Suboxone, it said.

Indivior said it will take a charge of $228 million in the third quarter, above the current remaining provision of $157 million, which will be excluded from adjusted earnings.

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News Room October 23, 2023 October 23, 2023
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