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Walmart Agrees To Pay $50 Mln In Opioid Settlement

Source: Nasdaq

Legal & LitigationRegulation & LegislationHealthcare & Biotech

Walmart agreed to pay a $50 million settlement to resolve allegations that its pharmacies illegally filled thousands of invalid opioid and other controlled-substance prescriptions, violating the Controlled Substances Act. While the dollar amount is unlikely to be material versus Walmart’s size, the compliance and legal overhang is negative and may increase scrutiny of pharmacy practices.

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