consumers and mislead investors and the public regarding the health and safety risks of Reckitt's new key opiate product,
Suboxone Film.
This was due to the weak performance of Indivior's opioid addiction product
Suboxone Film.
In stocks, household goods giant Reckitt Benckiser saw shares rise after it agreed to pay up to $1.4bn (PS1.1bn) as part of an agreement with the US Department of Justice and the Federal Trade Commission to resolve a long-running investigation into how its former subsidiary Indivior marketed opioid addiction drug
Suboxone. Reckitt shares closed up 162p to 6,590p.
The company will pay up to PS1.1bn as part of an agreement with the US Department of Justice and Federal Trade Commission to settle an investigation into how former subsidiary Indivior marketed the drug
Suboxone. Shares in Reckitt closed up PS1.62 at PS65.90.
The London-listed company agreed the fine after being accused by the US Justice Department of illegally increasing prescriptions for
Suboxone Film.
It will pay up to PS1.1bn as part of an agreement with the US Department of Justice and the Federal Trade Commission to resolve a long-running investigation into how its former subsidiary Indivior marketed the drug
Suboxone.
Arizona Health Care Cost Containment System, or AHCCCS, Arizona's Medicaid agency that serves about 1.8 million people, only has one buprenorphine opioid treatment medication listed on the state's preferred drug list,
Suboxone.
It has been accused of "deceiving healthcare providers and healthcare benefit programmes" that its drug
SUBOXONE Film "was safer and less abusable than other opioid-addiction treatment drugs".
Global Banking News-February 25, 2019-Mylan unveils generic
Suboxone Sublingual Film for treating opioid dependence
M2 EQUITYBITES-February 25, 2019-Mylan unveils generic
Suboxone Sublingual Film for treating opioid dependence