CVS and drug companies to pay Florida for opioid impacts

opioid crisis Florida 11 not 11
Settlements total $860M.

The CVS drug store company and pharmaceutical companies will pay Florida a combined $860 million as part of the settlement of an opioid epidemic case, state officials said Wednesday.

Florida Attorney General Ashley Moody said CVS Health Corp. and CVS Pharmacy Inc. will pay the state $484 million. Teva Pharmaceuticals Industries Ltd. agreed to pay $195 million and Allergan PLC more than $134 million.

In addition, Tevan will provide to Florida about $84 million of its Narcan nasal spray used to treat overdose victims. Another company, Endo Health Solutions, is also settling for $65 million, Moody said.

“The opioid epidemic is wreaking havoc on Florida families,” Moody said in a news release. “The monies secured from CVS, Teva, Allergan and Endo will help further our efforts to remediate the harm and suffering of Floridians.”

The money from CVS, Moody added, will be divided between the state and Florida cities and counties, which were beset by opioid overdoses and illicit drug use during the “pill mill” epidemic of a decade ago. The money must be spent on tackling the opioid crisis.

The Florida settlements leave only Walgreens Co. as a defendant in a lawsuit set for trial April 5 in Pasco County Circuit Court. Florida has previously obtained millions of dollars in opioid settlements involving McKesson Corp., Cardinal Health Inc., Johnson & Johnson Inc. and AmerisourceBergen Corp.

 

 

____

Published with permission of The Associated Press.

Associated Press


One comment

  • Not from me

    March 30, 2022 at 1:38 pm

    I can’t summon anything for this.

    Back in the 80s no one cried over what was happening with the drug epidemic. But now that it’s rich white lawyers sons in Sarasota? Hahahaha

    Your problems

Comments are closed.


#FlaPol

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch @PeterSchorschFL

Contributors & reporters: Phil Ammann, Drew Dixon, Roseanne Dunkelberger, A.G. Gancarski, Anne Geggis, Ryan Nicol, Jacob Ogles, Cole Pepper, Gray Rohrer, Jesse Scheckner, Christine Sexton, Drew Wilson, and Mike Wright.

Email: [email protected]
Twitter: @PeterSchorschFL
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704




Sign up for Sunburn


Categories


This is default text for notification bar