Teva, Distributors Reach Settlement with Ohio Counties on Eve of Opioid Trial

CINCINNATI - Teva Pharmaceuticals and certain drug distributors have agreed to pay two Ohio counties $325 million on the eve of the first bellwether trial in the opioid multidistrict litigation, sources told HarrisMartin Publishing.

Teva will pay a total of $45 million in cash and donated pharmaceuticals, while distributors McKesson Corp., Cardinal Health and AmerisourceBergen Corp. will pay a total of $215 million.

Defendant Walgreens Corp., which has been severed from the trial, is not participating in the settlement, according to sources.

The trial was scheduled to begin today in The County of Summit Ohio, et al. v. Purdue Pharma …


HarrisMartin's Midwest Asbestos Litigation Conference

September 21, 2021 - St. Louis, MO
Four Seasons Hotel, St. Louis