U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.’s Reckitt

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U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.’s Reckitt
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Reckitt, the owner of Durex condoms and Dettol cleaning product, will pay $1.4 billion to settle all U.S. investigations into the sales and marketing of an opioid-addiction treatment made by a former subsidiary

Sales and marketing of a former Reckitt subsidiary’s opioid-addiction treatment had been subject to U.S. investigationsReckitt Benckiser Group PLC is set to pay $1.4 billion to settle all U.S. investigations into the sales and marketing of an opioid-addiction treatment made by a former subsidiary.

The company said Thursday it had reached agreements with the U.S. Department of Justice and the Federal Trade Commission to resolve their long-running investigations into Suboxone Film. The agreement also covers claims relating to Medicaid programs for those states choosing to participate in the settlement.

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