CVS and pharmaceutical companies are to pay Florida a combined $860 million as part of the settlement for an opioid epidemic case, state officials announced Wednesday. Florida began filing “thousands of lawsuits against companies that make and distribute the drugs” in 2010, reports abc News.
The lawsuits were seeking to hold the pharmaceutical companies accountable for the opioid epidemic which has been linked to over 500,000 deaths in the United States over the past two decades.
The death count includes those from prescription painkillers such as OxyContin and generic oxycodone as well as illicit drugs such as heroin and illegally produced fentanyl. A “handful” of cases have gone to trial, with may settling out of court, particularly over the last year.
Florida Attorney General Ashley Moody announced CVS Health Corp and CVS Pharmacy Inc. will pay the state $484 million, Teva Pharmaceuticals Industries Ltd. agreed to pay $195 million and Allergan PLC more than $134 million.
“The opioid epidemic is wreaking havoc on Florida families,” Moody said in a news release. “The monies secured from CVS, Teva, Allergan and Endo will help further our efforts to remediate the harm and suffering of Floridians.”
The money from CVS, Moody added, will be divided between the state and Florida cities and counties, which were beset by opioid overdoses and illicit drug use during the “pill mill” epidemic of a decade ago. The money must be spent on tackling the opioid crisis.
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CARTER: Drug Cartels Funneling Money ‘Through Chinese Banks’
Sara Carter joined Fox News host Steve Hilton to discuss one aspect of the border crisis no one is talking about: what happens to the drug money?
The crisis continues to increase, so we have to ask ourselves, “what happens when the money goes back?” questions Carter of the money cartels make.
“According to the United States government, the U.S. Department of Treasury, the Mexican drug cartels are actually funneling that money back through Chinese banks” explains Carter.
“We are losing our children” says Carter, while “not only are the drug cartels taking advantage of our national security crisis, but the enemies of our country are taking advantage of the national security crisis at our border.”
“We are losing a generation of Americans” from the dangerous drugs crossing the border. “What is the Biden administration going to do about that?” begs Carter. Those questions need to be posed “directly to the administration.”
— The Next Revolution (@NextRevFNC) May 16, 2022
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