DEERFIELD, Ill. – Walgreens has issued the following statement on announced settlement with U.S. Department of Justice and the Office of the Inspector General of the U.S. Department of Health and Human Services:
“Walgreens is pleased to have resolved these matters with the Department of Justice. The company fully cooperated with the government and has admitted no wrongdoing. Walgreens is a company of pharmacists living and working in the communities we serve, and we have always taken the safety and reliability of the medicines our patients need very seriously. We are resolving these matters because we believe it is in the best interest of our customers, patients and other stakeholders to move forward.
“The settlement amounts have been fully reserved for in the Company Consolidated Condensed Financial Statement as of November 30, 2018. In relation to these matters, Walgreens has entered into a Corporate Integrity Agreement (CIA) with the Office of the Inspector General of the Department of Health and Human Services. The CIA builds upon the company’s already existing comprehensive compliance program.”
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