(Alliance News) - Indivior PLC on Wednesday said recent US state filings made in relation to settlements are just "administrative in nature" and reflect previously struck agreements.
The pharmaceutical firm noted several US states have filed announcements on agreements with Indivior in relation to its Suboxone film.
"The various state settlement agreements being announced this week are administrative in nature, and simply formalize the individual state settlements which were previously agreed to in principle as part of the July 2020 criminal and civil resolution between Indivior and the states," the company said.
"As such, there is no new financial or legal obligation that has arisen. The company was pleased to put those issues behind it in 2020 and remains focused on realizing its patient-focused Vision and fulfilling its compliance commitments."
In mid-July, Indivior agreed to part with USD600 million to resolve fraud charges with the US Justice Department in relation to Suboxone.
Indivior shares were 2.5% higher at 146.20 pence each in London on Wednesday morning.
By Eric Cunha; ericcunha@alliancenews.com
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Indivior (INDV)