Israeli drugmaker Teva to pay Oklahoma $85 mn in opioid suit

Israeli pharmaceutical giant Teva agreed on Sunday to pay the US state of Oklahoma $85 million to settle a lawsuit accusing it of fueling the state's opioid epidemic, Oklahoma's attorney general said. The announcement comes after Purdue Pharma, maker of the opioid painkiller OxyContin -- a key driver of the crisis responsible for tens of thousands of deaths in the United States -- reached a $270 million settlement with the state in March. The money will be used by the midwestern state to fight the opioid crisis, Hunter said, with an announcement of how exactly it will be spent made in the future.

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