MYX mayne pharma group limited

MYX Liability with US Opiods Litigation?

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    What kind of liability if any does MYX have to the 'opioid addiction epidemic' litigation going on in the US at the moment?

    Just wondering if anyone has any information or thoughts.

    https://www.nytimes.com/2019/08/27/health/sacklers-purdue-pharma-opioid-settlement.html
    https://www.bbc.com/news/business-49452373

    The only information i could find from the company is a small paragraph in the 2018 annual report(bottom of pg 82).

    Product liability - opioidsIn FY18, Mayne Pharma Inc and more than 50 other defendants have been sued by the State of Arkansas, counties and certain cities in that Stateinvolving allegations relating to opioids. The issues involved include allegations that manufacturer defendants used multiple avenues to disseminatefalse and deceptive statements about opioids, negatively impacting Arkansas public health and welfare.
    https://www.maynepharma.com/media/2194/mayne-pharma-annual-report-2018.pdf

    Cheers
 
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