Reporting By Brendan Pierson in New York; Editing by Alexia Garamfalvi, Aurora Ellis and Bill Berkrot, China's COVID epicentre shifts to Guangzhou as outbreaks widen, New Mexico city passes ordinance to block abortion clinics from operating, Novavax says Omicron shot shows strong immune response as second booster, Some in White House worry abortion message bungled before midterms, Beijing to improve COVID prevention policy operation for residents leaving and returning to city, Novartis adds 50 mln euros to European antibiotics investment budget, Qiagen Q3 profit down 38% but raises full-year outlook, BioNTech lifts lower end of vaccine sales target range, China reports 5,643 new COVID cases for Nov 6 vs 4,610 a day earlier, See here for a complete list of exchanges and delays. Mr. Stein and a bipartisan group of attorneys "The governments have not shown you a single prescription, let alone a considerable number, of our client's medicines in Nassau, Suffolk or New York that should not have been written," he said. Please note this link is one-time use only and is valid for only 24 hours. A bankruptcy judge in September approved a settlement by OxyContin maker Purdue Pharma LP, including about $4.5 billion from its wealthy Sackler family owners. (Reuters) - AbbVie Inc agreed to pay $200 million to settle claims by New York that its Allergan unit helped fuel an epidemic of opioid addiction in the state, shortly before jurors heard closing arguments from remaining defendant Teva Pharmaceutical Industries Ltd in a trial that has lasted more than five months. Meanwhile, AbbVie's Allergan In Astellas Oncology's latest corporate campaign, employees talk about the pharma and their personal dedication to tackling cancer. Beijing will improve the way its COVID-19 prevention policy operates to make it easier for people leaving and returning to the Chinese capital, and provide aid for urgent visits to the city such as hospital appointments and important business trips, government spokesperson Xu Hejian said on Monday. Together with the Teva deal, that amounts to $6.6 billion in settlement funds nationwide, according to statements released by several attorneys general on Friday. The settlement resolves the counties' claims against Allergan as well. See here for a complete list of exchanges and delays. - AbbVie Inc (ABBV) agreed to pay $200 million to settle claims by New York that its Allergan unit helped fuel an epidemic AbbVie settles New York opioid case for $200 million as trial winds Research Analyst - Biotechnology & Life Sciences, Vice President, Global Sales & Program Management, CGT, AbbVie's Allergan inks $2.3B+ opioid settlement with several states, Innovative Analytical Ultracentrifugation Techniques for the Characterization of AAV Vectors, Lonnie Moulders new biotech play grabs $118M, steering into PhIII and more deals, Scoop: A SoftBank-backed biotech raises more funds after bagging $100M+ for fungi mining, Supreme Court tosses Bristol Myers' bid to revive $1.2B CAR-T case against Gilead, SCOTUS to review Amgen-Sanofi patent battle as a proxy for how narrowly pharma patents will need to be written, GSK reports PhIII flop for BCMA drug raising questions about its future and upping the stakes on combos, FDA and PTO look to shore up inconsistencies around pharma patents, Astellas signals oncology aspirations to healthcare providers in Changemakers campaign, Merck continues rare breast cancer campaign focused on challenges for Black women. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The biotech, a transpacific outfit based in Waltham, MA, with execs scattered in the US and China, is called Zenas BioPharma, and the Phase III trial theyve set up is for obexelimab, a drug they got from Xencor last fall with a mix of equity and milestones. one-time use only and expires after 24 hours. AbbVie's Allergan reaches $2 billion opioid lawsuit settlement - Bloomberg News. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The Changemakers features some of the real Astellas Oncology employee scientists, researchers and business people talking about their passions and reasons for doing what they do. CVS Health Corp., Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve thousands of U.S. state and local government lawsuits accusing the chains of mishandling opioid painkillers, according to two people familiar with the negotiations. Allergan, which AbbVie acquired in 2020, said in a statement it was pleased to have reached the settlement. Israel-based Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement of its U.S. opioid lawsuits. "The governments have not shown you a single prescription, let alone a considerable number, of our client's medicines in Nassau, Suffolk or New York that should not have been written," he said. By Manas Mishra and Brendan Pierson. Israel-based Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement of its U.S. opioid lawsuits. A bankruptcy judge in September approved a settlement by OxyContin maker Purdue Pharma LP, including about $4.5 billion from its wealthy Sackler family owners. Hexagon Bio has so far raised $67 million in a new round, the company confirmed to Endpoints. Harvey Bartle, a lawyer for Teva, told jurors in his closing argument that the state and counties had not presented any testimony supporting their claim that marketing by Teva or any of its affiliates improperly influenced doctors to prescribe opioids. [1/4]A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock Exchange July 18, 2014. James, along with New York's Nassau and Suffolk Counties, had been seeking to hold Teva and AbbVie liable for marketing practices that they said encouraged addiction. Less than a week after Teva inked a $4.25 billion deal to settle opioid-related litigation in several states, many of the same states are now touting a similar deal with AbbVie. FILE PHOTO: A screen displays the share price for drugmaker AbbVie on the floor of the New The settlement resolves the counties' claims against Allergan as well. The deal would settle more than 3,000 lawsuits filed by state and local governments, but complete terms of the settlement are still being chalked out, according to the report. James, along with New York's Nassau and Suffolk Counties, had been seeking to hold Teva and AbbVie liable for marketing practices that they said encouraged addiction. (Reporting By Brendan Pierson in New York; Editing by Alexia Garamfalvi, Aurora Ellis and Bill Berkrot), COP27 --Hosts launch plan to help poorest adapt to climate change, Zimbabwe's new mineral royalty policy comes into force, Futures Extend Gains on Bets for Post-Vote Rally: Markets Wrap, U.S. natural gas futures drop 6% on forecasts for warmer weather, Peloton settles pending litigation with rival Echelon. Dec 8 (Reuters) - AbbVie Inc agreed to pay $200 million to settle claims by New York that its Allergan unit helped fuel an epidemic of opioid addiction in the state, shortly A bankruptcy judge in September approved a settlement by OxyContin maker Purdue Pharma LP, including about $4.5 billion from its wealthy Sackler family owners. The deal would settle more than 3,000 lawsuits filed by state and local governments, but complete terms of the settlement are still being chalked out, according to the report. July 29 (Reuters) - AbbVie Inc has set aside about $2 billion to resolve thousands of lawsuits against its Allergan unit over the marketing of its opioid products, the company said Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Harvey Bartle, a lawyer for Teva, told jurors in his closing argument that the state and counties had not presented any testimony supporting their claim that marketing by Teva or any of its affiliates improperly influenced doctors to prescribe opioids. Israel-based Teva Pharmaceutical Industries (NYSE: TEVA) on Tuesday announced a $4.35 billion proposed nationwide settlement of its U.S. opioid lawsuits. CVS will pay $5 billion over 10 years, Walgreens $5.7 billion over 15 years, and Walmart $3.1 billion, according to Reuters. Israel-based Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement of its U.S. opioid lawsuits. Bartle also said that the increase of opioid prescriptions in the 2000s was driven by changing medical standards, endorsed by government regulators, that emphasized treating pain more aggressively. Bartle also said that the increase of opioid prescriptions in the 2000s was driven by changing medical standards, endorsed by government regulators, that emphasized treating pain more aggressively. Our Standards: The Thomson Reuters Trust Principles. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. (Reporting by Amruta Khandekar; Editing by Krishna Chandra Eluri), Election Day 2022 polls are open and voters are casting their ballots, Looking for winning Powerball numbers in record $1.9B jackpot? AbbVie has agreed to pay up to $2.37 billion to resolve thousands of U.S. lawsuits against its Allergan unit over the marketing of opioid painkillers, state officials announced on The therapeutic use of adeno-associated virus (AAV) accounts for the largest share of the global gene therapy industry due to its safety profile and proven efficacy in treating genetic diseases. 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