CVS, Walgreens and Walmart reach nearly $12B settlement over opioid epidemic
Top pharmacy chains CVS Health, Walgreens and Walmart are looking to bundle the bulk of their opioid-related litigation into a major settlement announced today.
CVS said in its earnings report that it agreed to pay more than $5 billion to states, tribes and other groups over the next decade to substantially resolve all opioid-related lawsuits and claims against the company. Walgreens similarly said in an SEC filing that it would pay $4.8 billion in remediation payments over 15 years to a majority of these suits.
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