Tag Archives: Teva

Teva faces $100M lawsuit from Israel over unpaid Copaxone royalties: report

Teva Pharmaceuticals’ big-selling multiple sclerosis drug Copaxone is losing ground in the U.S. thanks to generics, but the medicine was once the company’s primary growth driver. Now, it’s at the center of a lawsuit filed by the state of Israel over alleged unpaid royalties.

Israel has sued Teva for $100 million in royalties on the longer-lasting version of the medicine, Globes reports. While Teva owns Copaxone marketing rights, scientists at the Weizmann Institute of Science developed the medicine, the publication reports. 

When the original daily version, first approved in the U.S. in 1996, neared its patent expiration, the company switched its efforts to a longer-acting version. In its lawsuit, Israel claims government scientists at the Weizmann Institute developed the long-acting version as well, so it’s owed royalties.

“The state has no alternative but to take legal action against Teva to ensure that it receives suitable remuneration for using public resources that brought Teva very large scale revenue,” the suit says, according to Globes. 

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Ohio attorney general sues 5 pharmaceutical companies over opioid epidemic


The Ohio attorney general has filed a lawsuit against five leading prescription opioid manufacturers, alleging that the companies intentionally misled patients regarding the risks and benefits of opioid use with fraudulent marketing.

Attorney General Mike DeWine accused the companies of leading patients to believe that opioids were not addictive, which the lawsuit says fueled the current opioid epidemic in Ohio.

“We believe the evidence will also show that these companies got thousands and thousands of Ohioans — our friends, our family members, our co-workers, our kids — addicted to opioid pain medications, which has all too often led to use of the cheaper alternatives of heroin and synthetic opioids,” DeWine said in a statement. “These drug manufacturers led prescribers to believe that opioids were not addictive, that addiction was an easy thing to overcome, or that addiction could actually be treated by taking even more opioids.”

The five manufacturers listed in the lawsuit, filed in the Ross County Court of Common Pleas, are Purdue Pharma, Endo Health Solutions, Teva Pharmaceutical Industries and its subsidiary Cephalon, Johnson & Johnson and its subsidiary Janssen Pharmaceuticals, and Allergan.

The lawsuit was filed in Ross County since Southern Ohio was the area hit the hardest by the opioid epidemic, the press release states. A record of 3,050 people in Ohio died from drug overdose in 2015, The Associated Press reported. That figure is expected to rise significantly once the 2016 figures have been tallied, according to the AP.

The lawsuit alleges that the drug companies violated the Ohio Consumer Sales Practices Act and created a “public nuisance by disseminating false and misleading statements about the risks and benefits of opioids.”

Full Read – http://abcnews.go.com/US/ohio-attorney-general-sues-pharmaceutical-companies-opioid-epidemic/story?id=47750198