Teva Pharm to pay Oklahoma $85 million to settle opioid claims

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Teva Pharm to pay Oklahoma $85 million to settle opioid claims
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Teva Pharmaceutical Industries Ltd said on Sunday it had agreed to pay an $85 mi...

BOSTON/JERUSALEM - Teva Pharmaceutical Industries Ltd said on Sunday it had agreed to pay an $85 million settlement with the state of Oklahoma days before the company was set to face trial over allegations that it and other drugmakers helped fuel the U.S. opioid epidemic.

Claims against Teva focused on the branded opioid products Actiq and Fentora as well as generic painkillers it produced. “At the same time, as with all litigation, if an appropriate resolution is possible that avoids the expense and uncertainty of a trial, we are always open to that option,” the company said in a statement.

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