The sources, speaking on condition of anonymity, said they were not authorized to speak publicly on the matter.
CVS announced its share of the settlement Wednesday morning, which includes $4.9 billion for state, county and city governments, and $130 million For Native American tribes.
“We are pleased to resolve these long-standing claims and put them behind us in the best interest of all parties as well as our customers, associates and shareholders”CVS General Counsel said, Thomas Moriarty, this is a statement. The company did not admit to having committed any offence.
Walmart and Walgreens They did not want to comment. a lawyers’ spokesperson Plaintiffs in the lawsuit did not immediately respond to a request for comment.
The proposed settlement, which would be the first nationwide agreement with retail pharmacy companies, follows national opioid settlements with drug manufacturers and distributors totaling more than $33 billion.
in more than 3,300 demands by 2017State and local governments accused drug manufacturers of downplaying the exposure of their opioid pain medications, and distributors and pharmacies of ignoring red flags that prescriptions were being turned into an illegal trade.
He claimed that the resulting human cost, as well as pressure on public health services and law enforcement, was a public nuisance that companies would have to pay to fix.
CVS, Walgreens and Walmart are the three largest retail pharmacies in the country by market share,
