$260M Settlement to Avoid Federal Opioid Trial in Ohio
October 22, 2019
Source: Cleveland.com
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.
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