Shares of Teva fell 6.3% after a New York jury ruled that Teva was to blame for fueling the epidemic of narcotic (opioid) painkillers. The jury’s decision follows a lawsuit in which New York State and two of its counties – Sapolk and Nassau – sued Teva and other opioid manufacturers. According to them, their aggressive marketing policy minimized the risk of addiction to painkillers, and tried to expand their use – beyond their original indication, which was erupting analgesia in terminally ill patients. Addiction to narcotic painkillers has resulted in the deaths of 500,000 Americans in the last 20 years. The compensation that Teva will be required to pay will be determined later, but the judge will decide first on Teva’s request …
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