Teva settles with Oklahoma for $85-million in opioid case

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Teva settles with Oklahoma for $85-million in opioid case GlobeBusiness

One of the drugmakers named in Oklahoma’s lawsuit over the opioid crisis has agreed to a settlement in which it will pay the state $85 million.

Israeli-owned Teva Pharmaceuticals and Oklahoma Attorney General Mike Hunter both announced the settlement Sunday in separate statements. Teva, its related affiliates and Johnson & Johnson and several of its subsidiaries were set to go to trial Tuesday in Norman.Story continues below advertisement He also said the funds from the settlement with Teva will be used to fight the opioid crisis in Oklahoma.Earlier this year, Oklahoma settled with OxyContin-maker Purdue Pharma for $270 million.

 

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globebusiness Sheer madness. If anyone cared about illicit narcotics, there'd be a push for FDA to legalize ibogaine to cure addiction & to move w/IV Ketamine 72hr coma on life support trials which may cure those with intractable pain.

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