$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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