CVS and Walgreens have agreed to pay state and local governments a combined total of more than $10 billion to settle lawsuits over the toll of opioids and now want to know by Dec. 31 whether states are accepting the deals.
Although lawyers involved in the cases are in line for a cut of the payments, most of the money is to be used to fight an overdose epidemic that has onlyOpioids have been linked to more than 500,000 deaths in the U.S. in the past two decades, with the most casualties in recent years.
“No amount of money will bring back the lives we lost, but today’s agreement with CVS and Walgreens will help to ensure Pennsylvanians suffering from opioid addiction get the treatment and recovery resources they need,” said Shapiro. The Walgreens payments could total up to $5.52 billion over 15 years. The CVS payments could reach $4.9 billion over 10 years. Additionally, the companies have announced tentative payments to Native American tribes totaling more than $250 million.
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