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An Oklahoma judge on Tuesday acknowledged making a nearly $107 million miscalculation in determining how much drug maker Johnson & Johnson must pay the state to help address the state's opioid crisis.
Following a hearing in Cleveland County, District Judge Thad Balkman acknowledged making the error in his August judgment in which he ordered the consumer products giant to pay the state $572 million to address the opioid crisis.
Balkman - Amount - Judgment - State - Program
Balkman said the actual amount he should have included in his judgment was $107,000 to help the state develop a program for treating babies born addicted to opioids.
'That will be the last time I use that calculator,' the judge jokingly told attorneys at the end of the hearing.
Balkman - Correction - Order - Issues - Date
Balkman said the correction will be reflected in a final order that he issues at a later date.
Oklahoma Attorney General Mike Hunter declined to comment on the judge's decision, saying it would be inappropriate to do so while the judge was still working on the final order.
Company - Reduction - Judgment - Settlements - State
The company also sought a reduction in the judgment based on pre-trial settlements totaling $355 million that the state reached with Oxycontin-maker Purdue Pharma and Israeli-owned Teva Pharmaceutical Industries Ltd.
Attorneys for Oklahoma, however, argued that the $572 million judgment covered only the first year of the state's estimated cost of abating the opioid crisis and that the judge should make clear that he could order the company to pay more in the future.
Year - Evidence - Attorney - Brad
'We'll take one year. But the evidence showed it will take more than that,' attorney Brad...
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