LAS VEGAS (KLAS) — Walgreens will pay Nevada $285 for its role in the opioid epidemic, according to Attorney General Aaron D. Ford.
walgreens He is the final defendant in a state lawsuit against companies that contributed to the crisis. Most of the funds (over $116 million) will be distributed to cities and counties. Just over $98 million will go to the state.
More than $70 million, or about 25% of the settlement, will be used for litigation costs. The law firm of Egret Adams represented the state.
Nevada received settlements totaling more than $1.1 billion. A previous settlement announcement revealed the following payments:
- $231 million: AmerisourceBergen, Cardinal Health, McKesson
- $193 million: Teva Pharmaceutical Industries
- $151.9 million: CVS
- $53.5 million: Johnson & Johnson
- $43 million: McKinsey & Company
- $32.2 million: Walmart
- $26.5 million: Allergan
“When I first became Attorney General, I made it clear that one of my top priorities is seeking justice for those affected by the opioid epidemic,” Ford said. “We have made it clear time and time again that those who harm Nevadans are held accountable, and today’s settlement is just the latest example of that. I would like to thank my staff and the law firm of Egret Adams for their efforts and this money will be used to help Nevada residents.”
Ford made the announcement at a press conference at the Grant Sawyer Building in Las Vegas.
A news release explains that the state has $98,125,784.95 in custody. This amount will be added to the “Resilient Nevada Fund,” which directs funding programs for state opioid withdrawals through the state Department of Health and Human Services.
A detailed breakdown of the amount received by each municipality has not been made public.