Walgreens Boots Alliance Inc. and CVS Health Corp. announced that they have reached preliminary agreements to pay a combined $10bn to resolve opioid lawsuits and claims brought by states, counties, cities and Native American tribes – but the outcome is dependent on participation by states and municipalities who have yet to see the terms.
Walgreens And CVS Agree To Opioid Settlements, But States Waiting To See Details
As states weigh their options, the history of past settlements will be a factor. One state signed onto the settlement with the distributors but opted out of the deal with J&J, netting it millions more, and with faster payment, than it would have received under the national settlement.
