• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, May 31, 2025
The Iowa Torch
  • Home
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion
No Result
View All Result
  • Home
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion
The Iowa Torch
The Iowa Torch
No Result
View All Result
Home State Government

Iowa to receive $1 million from opioid settlement

Iowa and a coalition of 41 other states negotiated a nationwide $102.5 million settlement with Indivior Inc., manufacturer of the opioid addiction treatment drug Suboxone.

Iowa TorchbyIowa Torch
June 13, 2023
in State Government
Reading Time: 2 mins read
close up photo of a wooden gavel

Photo by Sora Shimazaki on Pexels.com

DES MOINES, Iowa — Attorney General Brenna Bird last week announced that Iowa and a coalition of 41 other states negotiated a nationwide $102.5 million settlement with Indivior Inc., manufacturer of the opioid addiction treatment drug Suboxone. Iowa will receive over $1 million from the settlement.

RELATED POSTS

Reynolds signs bill enacting flat tax in 2025

Reynolds joins bipartisan opposition to Biden Administration’s Space Force proposal

Iowa lawmakers enact flat tax for 2025

The Suboxone medicine originated as a tablet and is prescribed to help individuals recover from opioid addiction. Following the creation of Indivior’s film strip version of Suboxone, the lawsuit challenged the company’s alleged illegal use of “product hopping.” Product hopping consists of making small changes to products in order to extend patent protections. These changes prevented generic drug manufacturers from entering the market and offering alternatives to Suboxone. Indivior monopolized the market and burdened consumers with inflated prices for the medication, due to the lack of competition.

The States’ complaint also addresses Indivior’s use of false advertising and price adjustments to destroy the market for tablets and preserve its drug monopoly. These actions violated state and federal antitrust laws.

ADVERTISEMENT

“Iowans deserve freedom and choice in the marketplace,” said Attorney General Bird. “This settlement makes clear that any single company who attempts to illegally control the drug market, or any market, will be held accountable.”

Indivior is required to comply with negotiated terms that include disclosures to the States of all citizen petitions to the FDA, introductions of new products, or changes in corporate control, which will help ensure Indivior stops from engaging in future illegal conduct.

Iowa joined 41 other states in the original Wisconsin-led lawsuit.

Read more below:

6.2.23-Suboxone-Stipulated-Final-Judgment-as-Filed

Tags: Attorney General of IowaBrenna BirdOpioid Drug Crisis
ShareTweetShare
ADVERTISEMENT
Previous Post

Reynolds directs federal funding to two regional healthcare centers

Next Post

Feenstra: Agriculture education is a vital investment for rural America

Iowa Torch

Iowa Torch

The Iowa Torch​ is a for-profit, news organization that focuses on political news as it relates to Iowans.

Related Posts

Hinson: Use biofuels to bring down the cost of gas today
Federal Government

EPA issues emergency fuel waiver for E15 sales

April 19, 2024
Bird joins 15-state coalition demanding Bank of America stop debanking
State Government

Bird joins 15-state coalition demanding Bank of America stop debanking

April 18, 2024
Sand: Iowans must stand with victims
Opinion

Sand: Iowans must stand with victims

April 16, 2024
Reynolds signs bill protecting ownership of Iowa farmland
State Government

Reynolds signs bill protecting ownership of Iowa farmland

April 10, 2024
close up photo of a wooden gavel
State Government

Iowa joins lawsuit challenging Biden’s student debt cancellation

April 4, 2024
Bird files to require TikTok to raise its app store age rating
State Government

Bird files to require TikTok to raise its app store age rating

March 23, 2024
Next Post
green tractor plowing the fields on focus photography

Feenstra: Agriculture education is a vital investment for rural America

Sinclair: Trump’s Move to Florida Isn’t Just for the Weather

Trump pleads not-guilty in federal classified documents case

Recommended Articles

Feenstra: The United States Stands with Israel

Miller-Meeks: Calling for the release and safe return of all hostages held by Hamas

January 27, 2024
boy in green shirt

Over 29,000 Iowa students applied for education savings accounts for its first year

July 6, 2023
Bird Says She Will Challenge Tom Miller for Attorney General

Bird joins lawsuit against Biden Administration’s Parole Action

January 25, 2023

Popular Stories

  • Rozenboom: Reflecting on the First Week of the 2021 Legislative Session

    Rozenboom: Reflecting on the First Week of the 2021 Legislative Session

    0 shares
    Share 0 Tweet 0
  • Hendrickson: John Calvin’s contribution to liberty

    0 shares
    Share 0 Tweet 0
  • Bousselot Announces He Will Run for the Iowa Senate

    0 shares
    Share 0 Tweet 0
  • Iowa Schools Now Required to Lead Students in Pledge of Allegiance

    0 shares
    Share 0 Tweet 0
  • Three LGTBQ Books with Sexually Explicit Material Pulled from Waukee School

    0 shares
    Share 0 Tweet 0
The Iowa Torch

The Iowa Torch​ is a for-profit, news organization that focuses on political news as it relates to Iowans

Categories

  • Current Events
  • Education
  • Federal Government
  • Iowa History
  • Local Government
  • News
  • Opinion
  • Politics
  • State Government

Newsletter

© 2022 The Iowa Torch, a publication of 4:15 Communications, LLC.

No Result
View All Result
  • Home
  • About Us
  • Advertise
  • Contact Us
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion

© 2022 The Iowa Torch, a publication of 4:15 Communications, LLC.