Florida has reached more than $878 million in settlements with CVS Health Corp and three drug companies to resolve claims and avert a trial next month over their roles in fueling an opioid epidemic in the third most populous U.S. state. CVS will pay $484 million, Teva Pharmaceutical Industries Ltd will pay $194.8 million, Abbvie Inc’s Allergan unit will pay $134.2 million and Endo International Plc will pay $65 million, Florida’s attorney general Ashley Moody said in a statement on Wednesday. Most of the money will be spent on opioid abatement. Teva will also provide $84 million of its generic Narcan nasal spray, which can temporarily reverse the effects of opioid overdoses. The four companies denied wrongdoing in agreeing to settle. Endo’s accord had been reached in January. Moody said pharmacy chain Walgreens is the only remaining defendant in Florida’s opioid litigation, with jury selection scheduled to begin on April …
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