Reckitt Benckiser pays $1.4 billion in opioid settlement

LONDON — Consumer products company Reckitt Benckiser says it will pay $1.4 billion to resolve U.S. investigations into the marketing of an anti-addiction drug by a subsidiary.

The company said Thursday it reached agreements with the U.S. Department of Justice and the Federal Trade Commission.

The government alleged that an ex-Reckitt subsidiary sought to increase prescriptions for Suboxone Film by deceiving health care providers into believing the drug was safer than other opioid addiction treatments.

Suboxone Film was marketed by RB's former prescription business Indivior, which was spun off in 2014.

The company says it "acted lawfully at all times and expressly denies all allegations that it engaged in any wrongful conduct" but the settlement was in the best interest of RB and shareholders.

It said the settlement would prevent uncertainty and distraction from continued investigations.

Related News

Malaysia Airlines jet diverted in Australia over...

Jun 1, 2017

A Malaysia Airlines plane returned to an Australian airport after a mentally ill passenger...

Cancer survivor Leali'ifano back for Brumbies in...

Jul 18, 2017

Christian Leali'ifano has been selected on the reserves bench for the Brumbies in the Super Rugby...

Lyle in an Australian hospital after another...

Jul 26, 2017

Jarrod Lyle is in a hospital with a recurrence of the cancer he has twice overcome

Police disrupt plot in Australia to 'bring down...

Jul 30, 2017

Australia's prime minister says police have disrupted a plot to bring down an airplane and arrested...

Man freed after airline plot arrest shocked to be...

Aug 2, 2017

A man arrested over the weekend in Sydney was released without charge and was shocked to be...

2 men charged with terrorism in Australian plane...

Aug 3, 2017

Australian police say two men have been charged with terrorism offenses in connection with an...

About Us

Travel Leisure Mag is New York City’s travel and lifestyle online magazine with the vision of creating a unique blend of valuable and quality travel experience to the readers. We trust that you will enjoy this experience.

Contact us: sales[at]travelleisuremag.com