$260M Settlement to Avoid Federal Opioid Trial in Ohio
October 22, 2019
The agreement, reached shortly after midnight and announced Monday morning, settles claims the counties made against large distribution companies AmerisourceBergen, McKesson, the Ohio-based Cardinal Health and drugmaker Teva Pharmaceuticals.
Under the agreement, the three distributors will pay a combined $215 million, while Teva will pay $20 million in cash over between now and 2021. Teva will also donate $25 million in Suboxone, a medication used to treat opioid addiction.
Hunter Shkolnik, a New York lawyer hired to represent Cuyahoga County, said talks to negotiate an end to the two Ohio counties’ cases started up again Sunday.