California Gov. Gavin Newsom has vowed that the state will no longer be doing business with Walgreens after the pharmacy chain announced that it would not be distributing abortion pills in some states across the United States. Newsom took to Twitter on Monday, where he declared of the state and Walgreens: “We’re done.” “California won’t be doing business…
California ‘Won’t Be Doing Business’ With Walgreens Over Abortion Pill Policy: Newsom
Walgreens Won’t Sell Abortion Pills in 20 States
March 4, 2023
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Walgreens confirmed on March 2 that it will not distribute abortion pills in numerous states—including to some states where abortion is legal—after Republican attorneys general (AG) in 21 states told the company that it risked breaking federal law should it do so, Politico first reported. Walgreens, the second-largest pharmacy chain in the United States, made…
Walgreens Says it Will Not Send Abortion Pills Into Kansas
February 20, 2023
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While pharmacy giant Walgreens recently indicated that it plans to obtain certification to sell the abortion medication Mifepristone in its stores across the United States, the company sent a letter to Kansas Attorney General Kris Kobach on Friday confirming that it has no plans to dispense the abortion pill in Kansas. The AG had written to…
Abortion Drug Distribution by Mail Violates State and Federal Law, 20 State AGs Warn CVS and Walgreens
Twenty Republican state attorneys general sent letters to CVS and Walgreens pharmacies, warning them that distributing abortion medication through the mail violates state and federal laws. The attorneys general, led by Missouri Attorney General Andrew Bailey, warned the pharmacy giants that they could face legal consequences if they move forward with their distribution plan. Bailey…
West Virginia Announces $83 Million Opioid Settlement With Walgreens
CHARLESTON, W.Va.—West Virginia has settled for $83 million with Walgreens for the pharmacy store chain’s role in perpetuating the opioid crisis in the U.S. state with the most per capita overdose deaths, Attorney General Patrick Morrisey announced Wednesday. That brings the total West Virginia dollars brought in from opioid litigation to more than $950 million,…
Walgreens Sales Drop Amid Falling Demand for COVID-19 Vaccines, Testing Kits
Drugstore chain Walgreens Boots Alliance saw its sales drop 1.5 percent in the most recent quarter amid a decline in demand for COVID-19 vaccines and testing kits. In its fiscal year 2023 first quarter results published on Jan. 5, the company—one of the largest U.S. pharmacies—said it administered 8.4 million COVID-19 vaccinations in the quarter, down…
Opioid Legal Charge Pushes Walgreens to $3.7 Billion Fiscal First Quarter Loss
A huge opioid settlement dragged Walgreens to a $3.7 billion loss for the first quarter, but the drugstore chain still beat Wall Street forecasts. The company also reaffirmed its earnings forecast for the new year. Walgreens said Thursday that it recorded a $5.2 billion, after-tax charge in the quarter that ended Nov. 30 for opioid-related…
Walgreens to Pause Mergers & Acquisitions Deals, Focus on Healthcare Pivot
Walgreens Boots Alliance said on Thursday it will not strike new deals in the short term after a spate of acquisitions in recent years, as it focuses on ramping up sales at its newer healthcare business. The company, one of the largest U.S. pharmacies, has been looking to gain a bigger foothold in the healthcare…
CVS, Walgreens Cap Purchase of Children’s Pain Medicines Amid Increased Demand, Rise in Flu Cases
A number of U.S. health stores have moved to limit purchases of children’s pain and fever medication amid increased demand as cases of flu and other respiratory illnesses spike across the country. Pharmacy chains CVS and Walgreens confirmed the limits on purchases amid increased demand as the United States experiences one of the worst flu seasons in…
CVS, Walgreens Finalize $10B in Settlements Over Opioids
CVS and Walgreens have agreed to pay state and local governments a combined total of more than $10 billion to settle lawsuits over the toll of opioids and now want to know by Dec. 31 whether states are accepting the deals. States announced final details Monday of settlements that the two largest pharmacy chains in…
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