Agenda Item Name:
Title
Approval of settlements in the opioid litigation.
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Presenter:
Robert C. Swain, Deputy County Attorney
Description:
The State of Florida and its Office of the Attorney General and State Outside Litigation Counsel, in the lawsuit captioned State of Florida, Office of the Attorney General, Department of Legal Affairs v. Purdue Pharma L.P., et al., Case #2018-CA-1438, Fla. Circuit Court, Pasco County, have reached settlements with CVS (CVS Health Corporation and CVS Pharmacy, Inc.), Allergan Finance, LLC, and TEVA. The Settlement Agreements and related documents are attached. These settlements require approval by the Alachua County Board of County Commissioners and delegation to the County Manager to sign necessary documents.
Recommended Action:
Recommended Action
That the County Manager is authorized to approve the settlements with CVS, Allergan Finance, LLC, and TEVA.
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Prior Board Motions:
See Agenda Item #21-0845 where the Board of County Commissioners moved to approve a Resolution authorizing Alachua County to join with the State of Florida and other local governmental units as a participant in the Florida Memorandum of Understanding and Formal Agreements implementing a Unified Plan regarding allocation of the opioid settlement proceeds. This agenda item was for matters that were in bankruptcy court. The current settlements are for matters outside of bankruptcy.
Fiscal Consideration:
Fiscal Consideration
These settlements will yield funds which are limited to use for mitigation, prevention and treatment of opioid abuse over a period of years. The exact amount is not yet known.
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Strategic Guide:
All Other Mandatory and Discretionary Services
Background:
This is part of a national class action settlement with several of the manufacturers and distributors of opioid drugs.