Amid Opioid Crisis, Big Pharma Reaches Settlement with Multiple States

Published on: June 13, 2023

Deal will pay $19 billion to states accusing companies of contributing to the issue.

In an agreement with numerous states, Teva, Allergan, CVS and Walgreens have stated that enough states agreed to the payout, making the arrangement possible. The disbursement is expected to add billions to numerous communities.

Reference: Pharmaceutical Giants Set $19 Billion Opioid Settlement as States Debate How to Spend It. The Wall Street Journal. June 9, 2023. Accessed June 12, 2023. https://www.wsj.com/articles/pharmaceutical-giants-set-19-billion-opioid-settlement-as-states-debate-how-to-spend-it-aa8a918e