Teva - Purdue file

All,

Please note that Purdue Pharma have applied for CH 11 yesterday evening. The states of New York, North Carolina and Massachussetts were holding out to go after the shareholding family.

While this will undoubtedly be interpreted negatively at first, the case did show that largely all states were keen to settle the matter. So despite the unfortunate outcome, we are taking some encouragement form the stance of the vast majority of states.

Tomas has more detail.

Wolfgang