CVS, Walgreens and Walmart have tentatively agreed to pay at least $12 billion to settle a number of lawsuits alleging the retailers mishandled prescriptions of opioid painkillers, according to reports from Bloomberg and Reuters
Three major retailers – CVS, Walgreens and Walmart – have tentatively agreed to pay at least $12 billion to settle lawsuits brought by states and local governments alleging the retailers mishandled prescriptions of opioid painkillers, according to reports from Bloomberg and Reuters. The deal calls for CVS to pay $4.9 billion, Walgreens to pay at least $4 billion and Walmart to pay $3 billion, Bloomberg reported, citing sources familiar with the matter.
Opioids are drugs formulated to replicate the pain-reducing properties of opium and include prescription painkillers like morphine, oxycodone and hydrocodone and illegal drugs like heroin and illicitly made fentanyl. People who become dependent on opioids may experience withdrawal symptoms when they stop using it, and dependence is often coupled with tolerance, meaning users need to take increasingly larger doses for the same effect.
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