The Kroger Co. has agreed to pay up to $1.4 billion to settle lawsuits over the toll of opioids
FILE - A Kroger grocery store sign promotes its pharmacy and fuel center at its Flowood, Miss., location, Thursday, June 15 2017. Kroger on Friday, Sept. 8, 2023, announced an agreement to pay up to $1.4 billion to settle lawsuits that claimed the company contributed to the U.S. opioid crisis.One of the nation's largest grocery chains is the latest company to agree to settle lawsuits over theIn a deal announced Friday, the Kroger Co. would pay up to $1.4 billion over 11 years.
Over the past eight years, prescription drug manufacturers, wholesalers, consultants and pharmacies have proposed or finalized opioid settlements totaling more than $50 billion, including at least 12 others worth more than $1 billion. The U.S. Supreme Court is set to hear arguments later this year on whether one of the larger settlements, involvingMost of the settlement money is to be used to address an overdose epidemic linked to more than 80,000 deaths a year in the U.S.
The companies have also agreed to change their business practices regarding powerful prescription painkillers, consenting to restrictions on marketing and using data to catch overprescribing. Conroy said those noneconomic terms for Kroger have not been finalized, but they'll look like what other companies have agreed to.The company would not admit wrongdoing or liability as part of the deal, which is called in a statement a milestone in efforts to resolve opioid lawsuits.
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