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CVS, Walgreens Agree to Pay Nearly $10 Billion in Settlements to Resolve Opioid Lawsuits

CVS, Walgreens Agree to Pay Nearly $10 Billion in Settlements to Resolve Opioid Lawsuits
A sign for a CVS Pharmacy in Washington, on Nov. 2, 2022. Brendan Smialowski/AFP via Getty Images
Mimi Nguyen Ly
Reporter
11/2/2022|Updated: 11/2/2022
0:00

Pharmacy store chains CVS and Walgreens announced on Wednesday they have agreed to pay a total of nearly $10 billion to “substantially resolve” various opioid-related lawsuits launched against them.

CVS and Walgreens are the two largest pharmacy chains in the United States by market share. The settlements, if finalized, would be the first nationwide deal reached with retail pharmacy companies, and could be among the largest settlements related to the opioid crisis.

Mimi Nguyen Ly
Mimi Nguyen Ly
Reporter
Mimi Nguyen Ly is a former reporter for The Epoch Times.
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Related Topics
CVS
Walgreens
opioid
opioid crisis
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