Allergan Reaches a $200 Million Opioid Settlement With New York

Pharmaceutical company Allergan Finance LLC will pay $200 million to New York state and two of its counties as part of an agreement that removes it from an ongoing state lawsuit over the opioid crisis, state Attorney General Letitia James announced Wednesday.

As part of the agreement with the state and Suffolk and Nassau counties, Allergan did not admit to any liability.

“For more than two decades, opioids have wreaked havoc on New Yorkers and Americans across the nation — causing pain, addiction, and death,” James said in a statement. “Our ongoing trial has been about the role companies like Allergan and its predecessors played in helping grow this epidemic, profiting while Americans suffered.”

Read the source article at CTPost