Pharmacy store chains CVS and Walgreens announced on Wednesday they have agreed to pay a total of nearly $10 billion to “substantially resolve” various opioid-related lawsuits launched against them. CVS and Walgreens are the two largest pharmacy chains in the United States by market share. The settlements, if finalized, would be the first nationwide deal reached…
CVS, Walgreens Agree to Pay Nearly $10 Billion in Settlements to Resolve Opioid Lawsuits
Walgreens Prescriptions Added to San Francisco’s Opioid Epidemic: Judge
August 11, 2022
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Walgreens Boots Alliance contributed to the opioid epidemic in San Francisco through its sale of prescription drugs in the city, a federal judge concluded on Wednesday. U.S. District Judge Charles Breyer in San Francisco said that Walgreens failed to properly investigate suspicious opioid orders for nearly 15 years. The amount the pharmacy chain must pay…
Rite Aid, CVS Issue Product Restrictions After Supreme Court’s Roe v. Wade Decision
Several national pharmacy chains said they’re imposing purchase limits on emergency contraception known as “morning-after pills” after a surge in demand after the Supreme Court’s ruling striking down Roe v. Wade. CVS and Rite Aid told the Wall Street Journal and other news outlets on Tuesday that they will place limits on buying Plan B, One-Step, and Aftera medications—which…
Over 400,000 Bottles of Medication Sold Across US Recalled Over Safety Issue
More than 400,000 bottles of over-the-counter pain medication sold across the United States have been recalled because the bottles are not child-resistant, according to notices posted on the U.S. Consumer Product Safety Commission’s (CPSC) website. About 137,300 units of Walgreens brand acetaminophen and 25,660 units of Kroger brand arthritis pain acetaminophen were recalled by Aurohealth. Recalled…
Walgreens, Teva Accused of Fueling Opioid Addiction in Quest for New Markets
Walgreens Boots Alliance and Teva Pharmaceutical Industries Ltd. ignored the health risks when they created new markets for opioids, a lawyer for the city of San Francisco told a judge on Monday during opening statements of the first trial to target manufacturers, distributors, and pharmacies over the addictive pain medicines. Richard Heimann, a lawyer for…
Walgreens Fed Opioid Addiction, Florida Says as Trial Starts
Walgreens Boots Alliance Inc. supplied billions of opioid pills to drug addicts and criminals, contributing to an addiction epidemic in Florida, a lawyer for the state said on Monday as a civil trial against the pharmacy chain got underway. Walgreens filled one in four opioid prescriptions in Florida between 1999 and 2020, and failed to…
Walgreens, Rite Aid to Start Giving 2nd COVID-19 Boosters in US
April 1, 2022
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Drugstore chains Walgreens Boots Alliance and Rite Aid said on Wednesday they would start offering second booster doses of mRNA COVID-19 vaccines, after the shots were cleared in the United States. U.S. health officials on Tuesday authorized second booster shots of Pfizer and Moderna’s vaccines for people aged 50 and older, citing data showing waning…
CVS, Walgreens Remove Limits on Number of At-home COVID-19 Tests Customers Can Purchase
CVS Health and Walgreens are no longer limiting the number of at-home COVID-19 tests customers can purchase at their stores, spokespersons for both companies have confirmed. The two largest pharmaceutical chain stores in the United States announced in December—just days before Christmas—that they were limiting the number of at-home COVID-19 testing kits that customers could buy be due to “unprecedented” holiday demand…
Walgreens, CVS Join Growing Number of Major Companies Cutting Paid Sick Leave for Unvaccinated Workers
January 12, 2022
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CVS and Walgreens have joined a growing list of major companies in the United States who are cutting paid sick leave for unvaccinated employees who test positive for COVID-19. The U.S. Centers for Disease Control and Prevention (CDC) late in December updated its recommendations that people should isolate for five days after a COVID-19 infection, instead…
Vaccinations, Tests Give Walgreens a Fiscal First Quarter Sales Jolt
COVID-19 vaccines and testing boosted Walgreens store sales growth to levels not seen in more than two decades, pushing the drugstore chain well above Wall Street expectations for the first quarter. Walgreens doled out 15.6 million vaccines in the quarter that ended November 30, up 16 percent from the previous quarter, as more Americans sought…
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