Pharmacies Agree to Pay $13.8 Billion in Opioid Lawsuit Settlements | Compare reporting by Reuters CNN FoxBusiness
CVS, Walmart and Walgreens have tentatively agreed to pay about $13.8 billion to resolve state opioid suits, according to reports across the political spectrum.: The settlements with the pharmacies "will bring billions of additional dollars to communities that are desperate for funds to combat the epidemic" of opioid addiction, said Paul Geller, one of the lawyers who negotiated for the governments.: CVS would pay $5 billion over 10 years, Walmart would pay $3.
Since 2017, more than 3,000 lawsuits have been filed by state and local governments accusing distributors and pharmacies of ignoring signals that prescriptions were being diverted into illegal trafficking, and accusing drugmakers of downplaying the risks of their opioid pain medicines. The agreement would be the first nationwide deal with retail pharmacy companies, following more than $33 billion in nationwide opioid settlements with distributors and drugmakers.
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