U.S. markets closed
  • S&P 500

    4,486.46
    +15.09 (+0.34%)
     
  • Dow 30

    35,258.61
    -36.15 (-0.10%)
     
  • Nasdaq

    15,021.81
    +124.47 (+0.84%)
     
  • Russell 2000

    2,267.37
    +1.72 (+0.08%)
     
  • Crude Oil

    82.45
    +0.17 (+0.21%)
     
  • Gold

    1,765.70
    -2.60 (-0.15%)
     
  • Silver

    23.25
    -0.10 (-0.45%)
     
  • EUR/USD

    1.1614
    +0.0013 (+0.12%)
     
  • 10-Yr Bond

    1.5840
    +0.0650 (+4.28%)
     
  • GBP/USD

    1.3730
    +0.0053 (+0.39%)
     
  • USD/JPY

    114.3110
    +0.6340 (+0.56%)
     
  • BTC-USD

    61,303.25
    +998.54 (+1.66%)
     
  • CMC Crypto 200

    1,431.57
    -20.07 (-1.38%)
     
  • FTSE 100

    7,203.83
    -30.20 (-0.42%)
     
  • Nikkei 225

    29,025.46
    +474.56 (+1.66%)
     

New York files insurance fraud charges against opioid makers Teva, Allergan

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Aug 18 (Reuters) - New York Governor Andrew Cuomo said on Tuesday the State Department of Financial Services had filed charges against Teva Pharmaceuticals and Allergan Plc over their role in the opioid crisis.

The agency alleges that Teva and Allergan engaged in fraudulent marketing and promotional campaigns that misrepresented the safety and efficacy of opioid drugs to expand the market and promote their drugs, according to the statement.

Teva and Allergan did not immediately respond to Reuters' requests for comment. (Reporting By Mrinalika Roy in Bengaluru; Editing by Anil D'Silva)