CVS Health reaches $484 million opioid settlement with Florida
CVS Health Corp said on Wednesday it had entered into an agreement with the state of Florida to resolve claims related toprescriptions for opioid medications for $484 million to be paid over a period of 18 years.
Source: www.reuters.com
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(Reuters) - CVS Health Corp said on Wednesday it had entered into an agreement with the state of Florida to resolve claims related toprescriptions for opioid medications for $484 million to be paid over a period of 18 years.
As a result of the agreement, CVS Pharmacy will no longer be a defendant in Florida’s opioid lawsuit that is scheduled for trial in April 2022.
Reporting by Ankur Banerjee in Bengaluru; Editing by Shinjini Ganguli