Walgreens, Florida settle opioid prices lawsuit for $683M

ST. PETERSBURG, Fla. — The Walgreens pharmacy chain has reached a $683 million agreement with the state of Florida in a lawsuit accusing the corporate of improperly allotting tens of millions of painkillers that contributed to the opioid disaster, state officers stated Thursday.

State Legal professional Normal Ashley Moody stated the deal used to be struck after 4 weeks of presidency proof used to be offered at trial. Walgreens used to be the twelfth and ultimate defendant to settle with Florida, which can convey in additional than $3 billion for the state to take on opioid habit and overdoses.

“We now cross into struggle armed and in a position to struggle again onerous in contrast artifical disaster,” Moody stated at a information convention in Tampa. “I’m happy that we’ve got been in a position to finish this enormous litigation and transfer previous the court docket.”

Walgreens, primarily based in Deerfield, Illinois, stated in a remark the corporate didn’t admit wrongdoing within the deal, throughout which $620 million shall be paid to the state over 18 years and a one-time sum of $63 million for lawyer charges. Walgreens operates greater than 9,000 retail outlets in all 50 states, in line with the corporate web site. About 820 of the ones places are in Florida.

OxyContin maker Purdue Pharma has a tentative national deal that comes with $6 billion in money from contributors of the Sackler circle of relatives who personal the corporate. In all, settlements, civil and legal consequences across the nation since 2007 have totaled over $45 billion, in line with an Related Press tally.

The Florida case hinged on accusations that as Walgreens distributed greater than 4.3 billion overall opioid tablets in Florida from Would possibly 2006 to June 2021, greater than part contained a number of simply identified purple flags for abuse, fraud and habit that the corporate will have to have spotted and acted upon.

The opioid epidemic has been related to greater than 500,000 deaths within the U.S. over the last 20 years, counting the ones from prescription painkillers corresponding to OxyContin and generic oxycodone in addition to illicit medication corresponding to heroin and illegally produced fentanyl.

In the similar case, CVS Well being Corp. and CVS Pharmacy Inc. agreed to pay the state $484 million. Teva Prescribed drugs Industries Ltd. agreed to pay $195 million and Allergan PLC greater than $134 million.

Florida has up to now bought tens of millions of bucks in opioid settlements involving McKesson Corp., Cardinal Well being Inc., Johnson & Johnson Inc. and AmerisourceBergen Corp.

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