CVS Health, Walmart Settle West Virginia Opioid Lawsuit, Walgreens To

  • CVS Health Corp CV and Walmart Inc WMT will pay $147.5 million to resolve claims related to West Virginia’s opioid crisis, with CVS paying $82.5 million and Walmart paying approximately $65 million.
  • West Virginia was scheduled to go to court against the two companies on September 26 and Walgreens Boots Alliance Inc WBA.
  • Walgreens has not settled, and a trial has been postponed to June 2023, Reuters reportedWith Kroger Co KR also a defendant in the rescheduled trial.
  • “We believe we have a very strong case against Walgreens,” Morrisey said at a news conference. “We will follow this very vigorously.”
  • Walgreens was found guilty of fueling opioid addiction in San Francisco. In addition, Walgreens, CVS and Walmart were found liable and convicted for their contribution to the opioid crisis in two Ohio counties Pay $650 million.
  • CVS said it will continue to defend itself in other opioid lawsuits, but believed “putting these allegations behind us” was the right decision in the West Virginia case.
  • “Our position remains that opioid prescriptions are written by physicians, not pharmacists, and that opioid drugs are manufactured and marketed by manufacturers, not pharmacies,” said CVS spokesman Michael DeAngelis.
  • Photo by Arek Socha from Pixabay

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