Business News

CVS, Walmart Reach $147.5 Million Opioid Settlement With West Virginia

Distressed Patriotic Flag Unisex T-Shirt - Celebrate Comfort and Country $11.29 USD Get it here>>


People walk by a CVS pharmacy store in Manhattan, New York, on Nov. 17, 2021. (Andrew Kelly/Reuters)

CVS Health Corp. and Walmart Inc. have agreed to pay $147.5 million to settle West Virginia’s claims over their alleged roles in the state’s opioid crisis, state attorney general Patrick Morrisey said Tuesday.

West Virginia had been prepared to proceed to trial on Sept. 26 against those two companies and Walgreens Boots Alliance.

The state had accused the pharmacy chains of fueling the deadly opioid epidemic through their allegedly lax oversight of prescription pills sold in the state.

Walgreens has not settled, and a trial has been rescheduled for June 2023.

“We believe that we have a very strong case against Walgreens,” Morrisey said at a news conference. “We’re going to pursue that quite vigorously.”

The state has been particularly hard hit by the epidemic, with a per capita opioid mortality rate over three times the national average in 2020, according to data from the National Center for Health Statistics.

Reuters

Follow



Source link

TruthUSA

I'm TruthUSA, the author behind TruthUSA News Hub located at https://truthusa.us/. With our One Story at a Time," my aim is to provide you with unbiased and comprehensive news coverage. I dive deep into the latest happenings in the US and global events, and bring you objective stories sourced from reputable sources. My goal is to keep you informed and enlightened, ensuring you have access to the truth. Stay tuned to TruthUSA News Hub to discover the reality behind the headlines and gain a well-rounded perspective on the world.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.