The Indiana Attorney General’s Office announced Monday it had reached a tentative agreement with CVS and Walgreens.
announced Monday it had reached a tentative agreement with CVS and Walgreens for a total of $219 million, nearly a month after another tentative agreement with Walmart for $59.4 million.
All three settlements stem from national litigation in which Indiana and other states accused the retail giants of oversight failures in how they managed the distribution of prescription drugs.“The opioid crisis has inflicted unspeakable pain on so many Hoosier families,” Indiana Attorney General Todd Rokita said in a prepared statement Monday.
According to Rokita’s office, the three companies must follow court orders mandating that they “monitor, report and share data about suspicious activity related to opioid prescriptions,” Monday’s release says. The state's goal is for settlement funds to alleviating the impact of the opioid crisis by backing harm reduction, prevention, recovery services and treatment.“Most of Walmart’s amount will be paid during the first year; CVS’s payments will be spread over 10 years; Walgreens' payments will be spread over 15 years,” the attorney general’s office release states. “If there is sufficient sign-on, payments will begin during the second half of 2023.
The tentative agreement with CVS is for $105 million, while the tentative agreement with Walgreens is $114. Neither company has admitted any wrongdoing as part of the settlements.
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