TBA Law Blog


Posted by: Stacey Shrader Joslin on Nov 4, 2022

Tennessee Attorney General Jonathan Skrmetti announced today that a settlement with three national pharmaceutical companies — CVS, Walgreens and Walmart — and opioid manufacturer Janssen will provide $84 million to help abate the opioid crisis in Tennessee. The funds now bring Tennessee’s total payout to more than $128 million. That amount includes more than $90 million for the Tennessee Opioid Abatement Trust Fund, which is disbursed throughout the state to address the opioid crisis. Tennessee was a lead state in the negotiations that secured the funds. More than 150 counties and municipalities also are participating. Nationwide, the companies agreed to pay about $13.8 billion. Reuters has more on the overall settlement.