Rite Aid Starts Selling Abortion Medication From Few Pharmacies: Report

Rite Aid Corp RAD plans to dispense abortion pill mifepristone in a limited number of its pharmacies and will serve customers in person or through mail delivery.
"We are committed to ensuring equitable access to customers prescribed this product, " Reuters reported citing Rite Aid's emailed statement.
Earlier in January, Walgreens Boots Alliance Inc WBA and CVS Health Corp CVS said they planned to offer abortion pills.
Related: Walgreens Boots Alliance Might Be First Pharmacy To Dispense Abortion Pills, Others To Follow.
Earlier this month, the FDA allowed U.S. pharmacies to offer abortion pills.
Also Read: Rite Aid Beats On Q3; Widens FY23 Loss Forecast Citing Headwinds.
The regulatory change would potentially expand abortion access after they were sharply curtailed by the Supreme Court's decision to overturn the landmark Roe v Wade ruling.
Soon after the ruling, major pharmacies put a limit on purchases or deliveries of Plan B and other emergency contraceptive pills.
Price Action: RAD shares closed at $3.19 on Thursday.
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