CVS agrees to settle opioid lawsuits for $5B  ...Middle East

The Hill - News
CVS agrees to settle opioid lawsuits for $5B 
source : The Hill ( Middle East ) () 33
CVS Health Corp. has agreed in principle to pay about $5 billion to resolve opioid lawsuits, the pharmacy chain announced Wednesday.   The tentative settlement would resolve lawsuits and claims involving the addictive painkillers going back a decade or more, according to a release from the company.  CVS would pay $4.9 billion to states and political subdivisions, like cities and counties, and around $130 million to tribes over 10 years, starting next year.   The non-monetary terms are yet to be finalized and the company says the payments would not be an admission of liability or wrongdoing. But, if it goes through, the settlement would be the biggest connected to the opioid crisis.

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