Flori­da be­comes next state to seal big opi­oid set­tle­ment deal, bag­ging $878M from Te­va, Al­ler­gan and oth­ers

In yet an­oth­er opi­oid set­tle­ment, Flori­da is the next state to agree to a deal — but not with­out mak­ing sure it’s get­ting what it thinks is due.

The state of Flori­da reached a set­tle­ment with CVS, En­do, Te­va and Al­ler­gan for a com­bined $878 mil­lion, Flori­da AG Ash­ley Moody said in a press re­lease on Wednes­day. More than half — $484 mil­lion — comes from CVS, with an­oth­er $195 mil­lion from Te­va, $134 mil­lion from Al­ler­gan and $65 mil­lion from En­do. All the deals in­clude the of­fi­cial “set­tle­ment amount,” plus le­gal fees rang­ing in­to the mil­lions.

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