Walgreens Reaches $4.95 Bln Settlement To Substantially Resolve Opioid-related Litigation
(RTTNews) - Walgreens Boots Alliance, Inc. (WBA) announced Wednesday it has agreed in principle to financial amounts and payment terms as part of settlement frameworks to substantially resolve opioid-related litigation.
Under these frameworks, the company expects to settle all opioid claims against it by participating states, subdivisions and tribes, for up to approximately $4.95 billion in remediation payments to be paid out over 15 years.
The settlement frameworks include no admission of wrongdoing or liability by the company.
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Walgreens To Close 1,200 US Stores
Walgreens announced its plan to close around 1,200 U.S stores over the next three years, including around 500 closures in fiscal 2025, as the drug store chain is facing a challenging U.S. retail environment amid increasing competition. The move, which was announced while reporting a significantly wider net loss in its fourth quarter, is expected to be immediately accretive to adjusted earnings...
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98 дней спустя
Walgreens, CVS To Sell Abortion Pill Mifepristone Starting In March
Pharmacy majors Walgreens Boot Alliance Inc. and CVS Health Corp. will start selling abortion pill mifepristone this month at stores in several states where it is legal. Both companies have received certification from the U.S. Food and Drug Administration to dispense the pill at their retail pharmacies.
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324 дней спустя
Verrica Pharmaceuticals Announces Agreement With Walgreens To Distribute YCANTH
Dermatology therapeutics company Verrica Pharmaceuticals Inc. (VRCA) announced Wednesday the expansion of its distribution network by entering into an agreement with Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. (WBA), to distribute YCANTH through its specialty pharmacy.
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385 дней спустя
Walgreens Boots Alliance Guides FY24 Adj. EPS Below Estimates - Update
While reporting financial results for the fourth quarter on Thursday, Walgreens Boots Alliance, Inc. (WBA) initiated its adjusted earnings and sales guidance for the full-year 2024.
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468 дней спустя
FDA Warns CVS Health, Walgreens Against Unapproved Eye Products
The U.S. Food and Drug Administration has warned eight companies including CVS Health and Walgreens Boots Alliance, Inc. against manufacturing or marketing unapproved ophthalmic drug products in violation of federal law. The agency has issued warning letters to these companies as part of its ongoing effort to protect Americans from potentially harmful ophthalmic products.
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498 дней спустя
Walgreens, Pearl Health Partner To Boost Value-Based Care Delivery
Walgreens, a division of Walgreens Boots Alliance, Inc. (WBA), has inked a partnership with Pearl Health to boost and expand value-based care to patients in Medicare in partnership with community-based primary care physicians. The partnership with Pearl Health will enable Walgreens to transition quickly and effectively to value-based care and improve outcomes in the communities they serve.
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498 дней спустя
Walgreens Boots Alliance Slashes FY23 Adj. EPS Outlook; Stock Down 7% - Update
While reporting financial results for the third quarter on Tuesday, Walgreens Boots Alliance, Inc. (WBA) slashed its adjusted earnings guidance for the full-year 2023 to a range of $4.00 to $4.05 per share from the prior forecast range of $4.45 to $4.65 per share, reflecting challenging consumer and macroeconomic conditions, and lower COVID-19 vaccine and testing volumes.
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575 дней спустя
Walgreens, DoorDash, Uber Partner To Launch Free, Same Day Rx Delivery Of HIV Medications
Walgreens Boots Alliance, Inc. (WAG), in partnership with DoorDash, Inc. (DASH) and Uber Technologies, Inc. (UBER), announced Thursday free, Same Day Rx Delivery of medications for the prevention and treatment of HIV.
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692 дней спустя
