Pharma Companies, Pharmacies Agree to Pay $19B in Opioid Settlement

Pharmaceutical companies and pharmacies have agreed to pay $19 billion in an opioid settlement with state and local governments, settling lawsuits alleging that Allergan, Teva Pharmaceuticals, CVS, Walgreens, and Walmart drove the opioid epidemic. The settlement comes after AbbVie (through Allergan) and Teva were set to pay some $5 billion to settle about 3,500 opioid lawsuits more than a year a..