Amneal Pharmaceuticals Settles Opioid Lawsuits for $88.5 Million and Naloxone Donations

Reuters01-29
Amneal Pharmaceuticals Settles Opioid Lawsuits for $88.5 Million and Naloxone Donations

Amneal Pharmaceuticals Inc. has reached a nationwide settlement agreement to resolve a substantial majority of opioid-related claims brought against the company by states and subdivisions. The agreement, which becomes effective on January 29, 2026, will see Amneal pay $88.5 million to participating states and subdivisions. Additionally, the company will provide up to $177.4 million worth of naloxone nasal spray to help treat opioid overdoses. Settling parties have the option to receive 25 percent of the naloxone's value in cash during the final four years of the ten-year payment term, potentially increasing the total cash payout to $132.9 million.

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