Teva Settles Oklahoma Opioid Case for $85 Million

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Teva Settles Oklahoma Opioid Case for $85 Million
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Teva's $85 million settlement with Oklahoma comes days before the company was set to defend itself at a landmark trial amid some 2,000 lawsuits brought by states and local municipalities against pharmaceutical companies over the opioid crisis

Teva Pharmaceutical Industries Ltd. agreed Sunday to pay $85 million to resolve claims by the state of Oklahoma that the company’s marketing helped fuel a rise in opioid addiction.

The deal comes days before Teva was set to defend itself at a landmark trial, the first to unfold out of some 2,000 lawsuits brought by states and local municipalities against pharmaceutical companies over the opioid crisis.

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