Teva opioid settlement stalled as Oklahoma judge demands more info

An Oklahoma judge has declined to approve an $85 million opioid settlement between Oklahoma and Teva Pharmaceuticals until attorneys from both sides provide more information about the deal, according to legal news website Law 360.

Advertisement

Cleveland County District Judge Thad Balkman said June 10 that the Oklahoma Attorney General’s Office must file paperwork showing how the distribution of the proposed settlement agreement will 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.

Read the full report here.

More articles on pharmacy:
Sanofi poaches exec from Novartis
Eli Lilly’s migraine drug 1st approved to reduce cluster headaches: 4 notes
EpiPen shortage will drag on: 4 things to know

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

Advertisement

Next Up in Pharmacy

Advertisement

Comments are closed.