![]() “We are committed to working with states, municipalities and tribes, and will continue our own important initiatives to help reduce the illegitimate use of prescription opioids.” “We are pleased to resolve these longstanding claims and putting them behind us is in the best interest of all parties, as well as our customers, colleagues and shareholders,” said Thomas Moriarty, CVS’ general counsel, in a statement. ![]() These people started using drugs as children but turned their lives around. Courtesy Katie Morrow/Dixie Lewis/Honesty Liller “We believe this is in the best interest of the company and our stakeholders at this time, and allows our pharmacists, dedicated healthcare professionals who live and work in the communities they serve, to continue playing a critical role in providing education and resources to help combat opioid misuse and abuse,” Walgreens said.ĬVS also said it is looking to curb opioid abuse.Īs the US marks National Prescription Drug Take Back Day, people who started using opioids as children share their stories to help children and parents get educated about the risks of drug abuse. Walgreens said would also pay about $5 billion in remediation payments over the course of 15 years. The agreement wouldn’t be finalized until enough states, counties and cities agree to the terms, the outlet said.ĬNN has reached out to Walmart for comment.ĬVS said if the settlement is reached, it would pay the states nearly $5 billion over 10 years beginning in 2023. Walmart has also tentatively agreed to pay $3 billion to settle a similar lawsuits, Bloomberg reported, citing sources familiar with the matter. CVS and Walgreens have tentatively agreed to pay a combined $10 billion to settle lawsuits brought by states and local governments alleging the retailers mishandled prescriptions of opioid painkillers.
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