Baltimore secures $80m opioid settlement with Teva Pharmaceuticals, raising total recoveries to over $322m.
Baltimore City has secured an $80 million settlement with Teva Pharmaceuticals related to the opioid crisis, increasing its total recoveries from opioid companies to over $322 million. The settlement includes an initial $35 million payment by year-end, with the remainder due by July 2025. Mayor Brandon Scott emphasized that these funds will support local recovery initiatives and mental health outreach, following the city's decision to pursue independent litigation instead of a global settlement.
September 09, 2024
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