More than 3,000 residents of the state died from opioid overdoses between 2016 and 2020, officials said.
Nearly all the settlement funds must be used to help remediate the affects of the opioid crisis in Oklahoma, including prevention and treatment services.
In November, three of the largest U.S. pharmacy chains reached settlements with states over the toll of opioids worth a total of about $13 billion. Under the separate deals, CVS Health and Walgreen Co. are each paying about $5 billion and Walmart is paying more than $3 billion. None has admitted wrongdoing.Allergan didn't immediately respond to a message seeking comment about the Oklahoma settlement.
The settlements are the latest in a wave of deals that state and local governments have struck with companies, including drugmakers, distribution companies and even a consulting firm, even as some lawsuits over how the drugs are marketed and sold continue. The total of proposed and finalized settlements is now more than $50 billion. Unlike with tobacco company settlements in the 1990s, the bulk of the money is required to be used to address the opioid crisis, which has been linked to well over 500,000 U.S. deaths since 2000.
In 2019, Oklahoma, under then-Attorney General Mike Hunter, was the first state to reach a settlement with
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