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OxyContin maker Purdue reaches $270 million settlement in Oklahoma opioid case: source
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OxyContin maker Purdue agrees to settle Oklahoma opioid case, source says
The settlement with Oklahoma Attorney General Mike Hunter came just weeks before Purdue, owned by members of the wealthy Sackler family, faced the first trial stemming from about 2,000 lawsuits nationally against opioid manufacturers. Hunter's 2017 lawsuit accused Purdue, Johnson & Johnson and Teva Pharmaceutical Industries Ltd of deceptive marketing that downplayed the risks of addiction associated with opioid pain drugs while overstating their benefits. Hunter scheduled a press conference for Tuesday to announce a 'breaking development' in the lawsuit.
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OxyContin maker Purdue reaches $270 million settlement in Oklahoma opioid case
The settlement with Oklahoma Attorney General Mike Hunter, unveiled on Tuesday, was the first to result from a wave of recent lawsuits accusing Purdue of deceptively marketing painkillers that eventually helped create a deadly crisis sweeping the United States. Hunter's 2017 lawsuit was set to go to a jury in May in what would have been the first trial to result from roughly 2,000 lawsuits filed in federal and state courts nationwide against Purdue and other drugmakers.Hunter accused Purdue, Johnson & Johnson and Teva Pharmaceutical Industries Ltd of deceptive marketing that played down the risks of addiction associated with opioid pain drugs while overstating their benefits, contributing to an epidemic.
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OxyContin maker Purdue reaches $270 million settlement in Oklahoma opioid case: source
The settlement with Oklahoma Attorney General Mike Hunter is the first to result from a wave of recent lawsuits accusing Purdue of deceptively marketing painkillers. The deal came after Purdue lost a bid to delay a trial in the case, which had been set for May 28. Hunter's 2017 lawsuit accused Purdue, Johnson & Johnson and Teva Pharmaceutical Industries Ltd of deceptive marketing that played down the risks of addiction associated with opioid pain drugs while overstating their benefits.
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