Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging pharmacies contributed to an oversupply […]
Tag: opioid crisis
US Sues Walmart For Fueling Opioid Crisis
The Justice Department on Tuesday sued the retail giant Walmart, accusing it of fueling the country’s opioid crisis by inadequately screening thousands of dubious prescriptions and ignoring repeated warnings from its own pharmacists. Walmart “knowingly violated well established rules requiring it to scrutinize controlled-substance prescriptions to ensure that they were valid” and required “pharmacists to […]