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WEKU
WEKU
National
The Associated Press

CVS and Walgreens announce opioid settlements totaling $10 billion

(Keith Srakocic/AP)

CVS Health has announced an agreement in principle that would make it the first major pharmacy chain to reach a nationwide settlement of lawsuits over how it handled prescriptions for powerful and addictive prescription opioid painkillers that are linked to an overdose epidemic.

The Woonsocket, R.I., company would pay about $5 billion over 10 years under a deal that, if accepted, would be one of the largest settlements over the crisis. Other pharmacies, including Rite Aid, Walgreens and Walmart have reached agreements with individual states.

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