The country’s two largest pharmacy chains said they would pay about $10 billion to settle opioid lawsuits.
The deals are agreements in principle. They would end thousands of suits from state and local governments alleging the stores filled prescriptions they should have suspected were not appropriate, the AP said.
Settlements have already been struck between some of the biggest drugmakers and distribution companies, totaling more than $50 billion. Most of the money must go to state and local governments to fight opioid abuse.
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CVS, Walmart, Walgreens agree to pay $13.8 bln to settle U.S. opioid claims - sourcesCVS Health Corp , Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay about $13.8 billion to resolve thousands of state and local government lawsuits accusing the chains of mishandling opioid painkillers, according to two people familiar with the negotiations.
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CVS, Walgreens and Walmart reach a tentative $12 billion deal in opioid cases, reports say | CNNThree 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.
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CVS, Walgreens announce opioid settlements totaling $10BCVS Health and Walgreen Co. announced agreements in principle Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids, and a lawyer said Walmart is in discussions for a deal.
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CVS, Walgreens announce opioid settlements totaling $10BTwo of the largest U
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CVS, Walgreens announce opioid settlements totaling $10BTwo of the largest U.S. pharmacy chains, CVS Health and Walgreen Co., announced agreements in principle Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids , and a lawyer said Walmart is in discussions for a deal.
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CVS and Walgreens announce opioid settlements totaling $10 billionIt could amount to the last round of huge settlements after years of litigation over the industry's role in an overdose crisis linked to more than 500,000 deaths in the U.S. over the past two decades.
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