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
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
