CVS and Walgreens announce opioid lawsuit settlements totaling $10 billion

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CVS and Walgreens reached a settlement to pay approximately $5 billion over their role in the opioid crisis, which could only be the beginning of several long years of opioid litigation. Since 2013, local governments have attempted to make companies reduce the ongoing costs of addiction, death, and crime. Even as this litigation crisis continues until its end, overdose deaths, especially from street opioids like fentanyl and counterfeit prescription pills, continue to rise since last year. Even then, CVS and Walgreens said that their settlement agreements represented no admission of wrongdoing. Although the ongoing drug epidemic has largely shifted to black market drugs, it began more than 20 years ago with the abuse of government-approved medications.

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