Earlier in June, Cleveland County District Judge Thad Balkman declined to approve the $85 million settlement until attorneys from both sides could show how the distribution of the proposed settlement would comply with a new state law.
The new state law, passed after Purdue Pharma paid Oklahoma $270 million to settle opioid charges, requires that any settlement funds go directly to the state treasury.
The revised settlement complies with that state law, the judge ruled June 24.
More articles on pharmacy:
Lupin recalls 18,408 bottles of antibiotic in US
Bluebird Bio prices gene therapy at $1.8M
10 hospitals seeking pharmacy leaders
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.