California Governor Says Relationships Between Walgreens, State Under Review

  • In a tweet on Monday, Governor of California Gavin Newsom said that California wouldn't be doing business with Walgreens Boots Alliance Inc WBA or any company that cowers to the extremists and puts women's lives at risk.
  • Last week, the second-largest U.S. pharmacy chain confirmed that it would not dispense abortion pills in several states where they remain legal due to pressure from State officials
  • The company said it would not dispense abortion pills in the states of 20 Republican attorneys general acting out of an abundance of caution amid a shifting policy landscape.
  • A spokesperson for the governor, in a Reuters report, said "all relationships" between Walgreens and the state were now under review.
  • The spokesperson did not provide details on how business ties might change.
  • In a statement to clarify its position, Walgreens said it plans to dispense Mifepristone in any jurisdiction where it is legally permissible. 
  • Once FDA certifies, the company will dispense this medication consistent with federal and state laws. 
  • Last month, the FDA said it would allow pharmacies to offer abortion pills in the U.S., with pharmacies must complete a form for certification to distribute the abortion pills
  • Price Action: WBA shares are up 0.37% at $35.58 during the premarket session on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: GovernmentLarge CapNewsHealth CareMarketsGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!