Walgreens, CVS To Sell Abortion Pill Mifepristone Starting In March

RTTNews | 257 ngày trước
Walgreens, CVS To Sell Abortion Pill Mifepristone Starting In March

(RTTNews) - 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.

Last Friday, President Joe Biden had informed that major retail pharmacy chains were newly certified to dispense medication abortion. Calling the decision a milestone, he also urged all pharmacies that want to pursue this option to seek certification.

As per reports, CVS will carry drugmaker GenBioPro's generic mifepristone, and Walgreens will carry brand-name Mifeprex from drugmaker Danco.

In a statement, Biden noted that mifepristone has been approved by the FDA as safe and effective for more than 20 years, and that many women will soon have the option to pick up their prescription at a local, certified pharmacy.

As per the FDA website, Mifeprex (mifepristone) and its generic Mifepristone Tablets, 200 mg, collectively known as mifepristone, is approved to end an intrauterine pregnancy through ten weeks gestation. The FDA first approved Mifeprex in 2000 and a generic version of Mifeprex, Mifepristone Tablets, 200 mg in 2019.

Under the Mifepristone REMS Program, mifepristone must be dispensed by or under the supervision of a certified prescriber or by certified pharmacies for prescriptions issued by certified prescribers.

The U.S. Supreme Court in 2022 had overturned the 1973 Roe v. Wade, which established a woman's constitutional right to have an abortion for nearly fifty years. In some states, abortion remains legal, while others have banned abortion.

In January 2023, the FDA had taken evidence-based action to support safe access to mifepristone by allowing the continued use of telehealth to prescribe the medication and creating a new option for certified pharmacies to dispense it to patients.

Following this, there were reports that Walgreens and CVS were planning to offer abortion pills in their stores.

Biden also issued an order to further protect access to medication abortion in late January 2023.

For More Such Health News, visit rttnews.com https://www.rttnews.com/content/health.aspx

read more
Walgreens To Close 1,200 US Stores

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...
RTTNews | 31 ngày trước
CVS Health Reportedly Mulls Breakup, To Cut 2,900 Jobs

CVS Health Reportedly Mulls Breakup, To Cut 2,900 Jobs

CVS Health Corp. is conducting a strategic review of options including a possible breakup amid issues from its drugstore chain and Aetna health insurance arm, reports said citing person familiar with the matter. The company also plans to reduce its workforce by less than 1 percent, which would affect around 2,900 employees, as part of its cost-cutting efforts.
RTTNews | 46 ngày trước
CVS Offers Updated 2024-2025 COVID-19 And Flu Vaccines

CVS Offers Updated 2024-2025 COVID-19 And Flu Vaccines

CVS Health Corp. announced Wednesday the availability of updated 2024-2025 COVID-19 vaccines and flu vaccines at CVS Pharmacy and MinuteClinic locations across the United States. The U.S. Food and Drug Administration recently approved and granted emergency use authorization or EUA for updated Covid vaccines (2024-2025 formula) from Pfizer Inc. and ModernaTX Inc. for use against currently...
RTTNews | 80 ngày trước
CVS Health Slashes FY24 Outlook; Stock Down 11% - Update

CVS Health Slashes FY24 Outlook; Stock Down 11% - Update

While reporting financial results for the first quarter on Wednesday, CVS Health (CVS) slashed its earnings and adjusted earnings guidance for the full-year 2024, reflecting the potential for continued elevated medical cost trends in the remainder of 2024.
RTTNews | 200 ngày trước
P&G Recalls 8.2 Mln Defective Laundry Detergent Packets

P&G Recalls 8.2 Mln Defective Laundry Detergent Packets

Consumer goods giant Procter & Gamble Co. has called back around 8.2 million defective bags of Tide, Gain, Ace and Ariel laundry detergent packets distributed in the United States citing risk of serious injury, the U.S. Consumer Product Safety Commission announced. In addition, about 56,741 were sold in Canada. According to the agency, the outer packaging meant to prevent access to the contents...
RTTNews | 223 ngày trước
CVS Health Lowers FY24 Outlook - Update

CVS Health Lowers FY24 Outlook - Update

While reporting financial results for the fourth quarter on Wednesday, CVS Health (CVS) lowered its earnings and adjusted earnings guidance for the full-year 2024.
RTTNews | 284 ngày trước
CVS Health Confirms Tom Cowhey As New CFO

CVS Health Confirms Tom Cowhey As New CFO

CVS Health (CVS) announced Friday that Senior Vice President of Corporate Finance and interim CFO, Tom Cowhey, has been formally appointed the company's next CFO.
RTTNews | 317 ngày trước
Verrica Pharmaceuticals Announces Agreement With Walgreens To Distribute YCANTH

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.
RTTNews | 319 ngày trước