Paxton Announces Agreement in Principle in Opioid Settlement With CVS Pharmacy; Texas to Receive $276 Million Under Proposed Deal
November 03, 2022
November 03, 2022
AUSTIN, Texas, Nov. 3 -- Texas Attorney General Ken Paxton issued the following news release on Nov. 2, 2022:
Attorney General Paxton announced plans to enter into a $5.034 billion multistate settlement with CVS Pharmacy for its role in the nationwide opioid epidemic, with over $276 million designated for Texas. The agreement will largely track the terms of the Global Prescription Opioid Litigation Settlement Agreement with opioid distributors that was executed in July 2021.
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Attorney General Paxton announced plans to enter into a $5.034 billion multistate settlement with CVS Pharmacy for its role in the nationwide opioid epidemic, with over $276 million designated for Texas. The agreement will largely track the terms of the Global Prescription Opioid Litigation Settlement Agreement with opioid distributors that was executed in July 2021.
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