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The pharmacy giants have announced settlements totaling $10 billion for their opiate business
CVS Health has announced that it will acquire Oak Street Health for $10.6 billion in a deal that will give it one of the largest Medicare Advantage health plans. Oak Street Health has 160 health clinics in 21 states. The deal marks the third-largest acquisition in the US health care sector so far this year…
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The settlements amount to $10 billion.
US state and local governments have announced a settlement with Walgreens and CVS Health to resolve their lawsuits over the opioid abuse epidemic in the country. The companies have agreed to make changes to their practices to reduce the illegitimate use of prescription opioids. The settlement will involve up to $6 billion in cash, plus…