LINCOLN- On Monday, Nebraska AG Doug Peterson announced that the state, alongside several others, has finalized an agreement with CVS and Walgreens over the pharmaceutical industry's role in the opioid crisis. Under the agreement, Walgreens will pay $5.7 billion to states around the country and CVS will pay $5 billion.

Nebraska's share of the funds, Peterson announced, will be around $41 million. In addition to the financial settlement, Walgreens and CVS, similarly to Walmart earlier this year, will be required to monitor, report, and share data about suspicious activity related to opioid prescriptions. In a statement, Peterson announced that these court-ordered injunctions will help ensure a crisis like this one never happens again.

The terms of the agreement will head to states soon for review, and must be signed before the end of the year, after which they will be reviewed by local governments. According to Peterson, Nebraska plans to sign the agreement, and by doing so will be required to use the settlement funds to remediate the opioid crisis by focusing on prevention, harm reduction, treatment, and recovery services.

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