Tag Archives: settlement

Walgreens to pay $80M over black-market Oxy sales

bunchofpillsThe U.S. Drug Enforcement Agency announced Tuesday that Walgreens has agreed to shell out $80 million to settle allegations that it allowed oxycodone and other controlled drugs to be diverted for black market sales from its Jupiter, Fla., distribution center.

The settlement, which is the largest in the DEA’s history, comes after the agency accused Walgreens last year of failing to maintain proper controls to ensure it didn’t dispense drugs to addicts and drug dealers.

According to the DEA, the Jupiter distribution center has been the single largest distributor of oxycodone products in Florida since 2009. In 2011, 16 of the top 25 largest oxycodone purchasers by Walgreens retail pharmacies, including the top six purchasers, were in Florida and supplied by the Jupiter center, the agency said.

Walgreens “committed an unprecedented number of record-keeping and dispensing violations” under the Controlled Substances Act, which is designed to prevent prescription painkillers from ending up on the streets, the DEA said.

In addition to the payout, Walgreens’ Jupiter center is banned from distributing and dispensing similar controlled substances until 2014. The deal also resolves similar investigations nationwide, including in Colorado, Michigan, and New York.

Posted in Crime, Informational, Pharmaceutical Industry, Policy & Regulation | Tagged , , , , , , , , , , , , , , , , , , , , , , | 4 Comments

CVS pays $650K to fund painkiller abuse education

pharmacyCVS-Caremark will shell out $650,000 to help New Jersey authorities establish an education and enforcement campaign on prescription drug safety and abuse, a payment that settles charges that the drug store chain co-mingled prescription pills in several of its pharmacies in the state.

The payment will help fund a public education campaign that will remind consumers to check their medication, learn about it through available resources and, whenever they have questions about the medication, to ask their pharmacist or physician. It will also address the dangers of prescription drug abuse, according to this report.

This isn’t the first tangle CVS has had with officials over prescription drugs. Last year, the DEA revoked the controlled substances licenses for two CVS pharmacies in Sanford, Fla. after accusing them of dispensing excessive amounts of oxycodone.

Posted in Crime, Informational, Pharmaceutical Industry | Tagged , , , , , , , , , , , , , | Leave a comment