The state of Nevada has reached a settlement with CVS Pharmacy worth nearly $152 million over the company’s role in the opioid epidemic, Nevada Attorney General Aaron Ford announced on May 16.
The settlement will be paid over the next decade and will be split up between the state and the signatories of the One Nevada Agreement between local governments on how to divide opioid settlement money.
“CVS negotiated in good faith,” Ford said at a news conference in Carson City, Nevada. “Their work with the state of Nevada … will help our state tackle the opioid problem.”
“My office will never stop fighting to hold accountable those companies and organizations that contributed to the crisis of the opioid epidemic,” Ford said. “The resources and funds that come to the state through our settlements will provide substantial help for Nevadans. I will work to do whatever I can to bolster the support we can offer the residents of our great state.”…