Opioid Settlement and Teva Pharmaceutical Industries

October 23, 2019

Source: USA Today Network

What drugs does Teva make? 

It specializes primarily in generic drugs. Some of the opioid drugs include oxycodone and fentanyl, which is a synthetic opiate. Another is oxymorphone.

Terms of a deal involving McKesson Corp., Cardinal Health Inc., AmerisourceBergen Corp. and Teva Pharmaceutical Industries Ltd. were expected to be announced later in the day. Cuyahoga County lawyer Hunter Shkolnik says the settlement amounts to $260 million.

The Ohio case had been slated to be the first federal trial related to an opioid crisis that has claimed an estimated 400,000 American lives over two decades.

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