Monday, March 18, 2024
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Walgreens to settle claims it exacerbated opioid crisis in Florida

Pharmacy giant Walgreens said it has reached a $683m settlement with Florida to resolve claims that the chain exacerbated an opioid epidemic in the state.

The settlement includes $620m to be paid to Florida over 18 years, plus $63m for legal fees. Florida is the first state to settle its opioid claims against major pharmacy chains Walgreens and CVS, collecting more than $1.1bn from the two companies.

The settlement ends a trial that began on 11 April, after Walgreens decided not to join a combined $878m settlement with four other healthcare companies, including CVS. Walgreens did not admit to wrongdoing as part of the settlement.

Source: The Guardian

Daily Remedy

Daily Remedy

Dr. Jay K Joshi serves as the editor-in-chief of Daily Remedy. He is a serial entrepreneur and sought after thought-leader for matters related to healthcare innovation and medical jurisprudence. He has published articles on a variety of healthcare topics in both peer-reviewed journals and trade publications. His legal writings include amicus curiae briefs prepared for prominent federal healthcare cases.

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