Source: www.reuters.com

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(Reuters) - CVS Health Corp said on Wednesday it had entered into an agreement with the state of Florida to resolve claims related toprescriptions for opioid medications for $484 million to be paid over a period of 18 years.

As a result of the agreement, CVS Pharmacy will no longer be a defendant in Florida’s opioid lawsuit that is scheduled for trial in April 2022.

Reporting by Ankur Banerjee in Bengaluru; Editing by Shinjini Ganguli