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Walgreens will limit online orders of children's fever and pain medicine to six items "to help support availability and avoid excess purchases." At CVS stores, purchases will be limited to two.
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CVS would pay about $5 billion and Walgreens more than $5.5 billion, though neither company has admitted wrongdoing. States have until the end of the year to accept the terms of the settlement.
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The White House announced the initiative this week as part of President Joe Biden’s push to increase COVID vaccinations and treatments to slow a possible fall and winter surge.
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Walgreens was the 12th and final defendant in the state's legal battle against opioid manufacturers, distributors and pharmaceutical companies it holds responsible for the epidemic.
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The Pasco trial is expected to last a couple of months. The state says Walgreens ignored red flags and filled millions of suspicious prescriptions. Walgreens says drugmakers misled pharmacies about risks.
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Florida contends Walgreens has been an integral part of the opioid epidemic. Opening statements are set for early next week. The pharmacy chain says it will not settle.
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The settlements left Walgreens as the sole defendant in a lawsuit that targeted businesses involved in all aspects of the opioid industry. A Pasco County judge is scheduled to begin jury selection next week.
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The order came in a lawsuit filed by the Florida attorney general’s office in 2018 seeking unspecified damages against drug manufacturers, retailers and distributors.
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The verdict in federal court comes as three of the country's largest pharmacy chains face thousands of lawsuits filed by communities across the U.S. The companies say they did nothing wrong dispensing huge quantities of opioids.
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Few begrudge vaccine providers the chance to make money for offering a life-saving service during a pandemic, but the shot business has given a big boost at the cash register after a difficult year.