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Monday, December 23, 2024

Attorney General Fitch Announces $102.5 MillionSettlement with Manufacturer of Key Drug in OpioidAddiction Treatment

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Attorney General Lynn Fitch | wikipedia

Attorney General Lynn Fitch | wikipedia

(Jackson, Mississippi) Mississippi Attorney General Lynn Fitch on June 5 announced that Mississippi is part of a 42-state coalition that has negotiated a nationwide $102.5 million settlement with the maker of Suboxone, Indivior Inc. Mississippi will receive $1.1 million from the settlement.

“With an opioid crisis facing our nation, we expect everyone to do their part to fight this deadly epidemic,” said General Lynn Fitch. “Indivior’s anti-competitive practices blocked the availability of cheaper generic drugs for individuals trying to break free of their dependence on opioids. It is my hope that this settlement will encourage Indivior and all other drug manufacturers to be good corporate citizens and find ways to support our fight against substance abuse.”

In 2016, the States filed a complaint against Indivior Inc. alleging that they used illegal means to switch the Suboxone market from tablets to film while attempting to destroy the market for tablets in order to preserve its drug monopoly. Suboxone is one of the main treatments for opioid addiction.

The agreement, which has been submitted to the court in the Eastern District of Pennsylvania for approval, requires Indivior to pay the states $102.5 million. Indivior is also required to comply with negotiated injunctive terms that include disclosures to the States of all citizen petitions to the FDA, introduction of new products, and if there is a change in corporate control, which will help the States ensure that Indivior refrains from engaging in the same kind of conduct alleged in the complaint. 

Attorney General Fitch is joined by the Attorneys General of Alabama, Alaska, Arkansas, California, Colorado, District of Columbia, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oklahoma,

Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Vermont, Virginia, Washington, West Virginia and Wisconsin.

Original source can be found here.

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