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$465 Million Settlement Deal Bankruptcy Amid US Legal Issues!

Endo International Reaches $465 Million Settlement with U.S. Government


Opioids on the dark web | Nature Human Behaviour

$465 Million Settlement Deal Bankruptcy Amid US Legal Issues!

Endo International Nears Resolution with U.S. Government

Bankrupt drugmaker Endo International has reached a $465 million settlement with the U.S. government, addressing various issues including law enforcement taxes and healthcare costs. The agreement includes a payment plan of $365 million over the next decade, with a potential additional payment of $100 million based on post-bankruptcy business performance. Alternatively, Endo can opt for a $200 million one-time payment upon exiting bankruptcy. This settlement is a crucial step for Endo as it navigates thousands of lawsuits linked to its alleged role in the U.S. opioid epidemic.

READ ALSO: Golden State Stimulus Check 2024: Up To $1,200 Will Be Sent To Qualified Residents

$465 Million Settlement Marks Progress!

Having filed for bankruptcy back in August 2022 to address the onslaught of lawsuits linked to the opioid crisis Endo has been navigating a complex legal landscape. With this $465 million settlement it’s moving closer to resolving its legal troubles and focusing on its path forward. Endo has already committed to paying around $600 million to settle with states and individuals affected by the opioid crisis highlighting its determination to put this chapter behind it and move forward with its business goals.

READ ALSO: $318 Stimulus Check Rebate In Boulder – Are You Eligible?

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