Alpharetta to join the national opioid settlement

In February the Alpharetta City Council approved opting-in to the national opioid settlements with Teva, Allergan, CVS, Walgreens and Walmart. The city recently approved a memorandum of understanding as the second step in the process.

This agreement defines how the funds will be divided among state and local governments. Although a complicated formula, in general local governments will be eligible for about 40% of the funds the state receives.

Settlement agreements have been reached nationwide to resolve opioid litigation with two pharmaceutical manufacturers, Teva and Allergan and three pharmacies, CVS, Walgreens and Walmart.