Pennsyvlania gets $4.6 million in Invidior settlement for antitrust uses

(The Center Square) — Another multi-state settlement with a drug company will send a payout to Pennsylvania, but it won’t be used for opioid-related spending.

According to the state Attorney General’s office, the $102.5 million settlement with Invidior, the manufacturer of the anti-opioid addiction medication Suboxone, will net Pennsylvania $4.63 million to settle claims over monopoly practices.

Pennsylvania was one of 42 states involved in the lawsuit that started in 2016. At the discretion of the attorney general, the money will go toward payment for attorneys’ fees and expenses, antitrust or consumer protection law enforcement, or go into funds for consumer protection and antitrust actions. The settlement also grants discretion to state attorneys general to use the money as they deem fit.

Neighboring states also received payouts: $5.7 million in New York, $1.5 million in West Virginia, $2 million in Maryland, and $5.9 million in Ohio.

Pharmaceutical-related settlements are bringing significant amounts of funding into the commonwealth. Pennsylvania will receive $1.08 billion over the next 18 years through the opioid settlement trust, with almost $150 million in expected payouts next year.

- Advertisement -

Invidior has seen a number of settlements requiring payouts; in August, it reached a $30 million settlement with health plans for illegally suppressing generic competition for Suboxone. Suboxone is used as medication assisted treatment for opioid addiction in state prisons and some county jails; its use is supported by the federal government and has been promoted by state lawmakers as crucial for dealing with the opioid crisis.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Men of Color Expo – Celebrating Men of Excellence

Men of Color Expo 2026 – Celebrating Men of...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Everyday Economics: Working more, falling behind

This week's data tells a clear story: Americans are...

Alabama to choose candidates for Tuberville’s open Senate seat

(The Center Square) – Four candidates are vying for...

Support broadens beyond Harris, Newsom in Democratic primary poll

(The Center Square) – While former Vice President and...

No friends for Comey; judge rules no amicus briefs

No friend of the court briefs will be allowed...

Census Bureau plans 2030 count as 2020 lawsuit continues

(The Center Square) – The Census Bureau is planning...

America 250: Celebrating presidential pets

As Americans commemorate the 250th anniversary of American independence,...

Exclusive: Group warns labor bill allows govt takeover of union contract negotiations

Bipartisan legislation meant to speed up first-time union contracts...

More like this
Related

Everyday Economics: Working more, falling behind

This week's data tells a clear story: Americans are...

Alabama to choose candidates for Tuberville’s open Senate seat

(The Center Square) – Four candidates are vying for...

Big Rock: Rich payout of $6.5M stays home, dwarfs multiple major pro sports

(The Center Square) – Top prize of more than...

Support broadens beyond Harris, Newsom in Democratic primary poll

(The Center Square) – While former Vice President and...