CVS and Walgreens are limiting how much children’s pain medicine customers can buy. It is during winter “tripledemic” of respiratory illnesses. CVS stated it will only sell two painkillers. CVS and Walgreens are limiting how much children’s pain medicine customers can buy amid a winter “tripledemic” of respiratory illnesses. CVS stated it will only sell … Read more
Teva and AbbVie’s Allergan unit reached a $58 million settlement. The settlement comes just before the completion of a trial. Opioid-related health issues account for 25% of emergency room visits. Walgreens Boots Alliance has denied wrongdoing in the case. The trial was selected as a bellwether case against drug manufacturers. Teva Pharmaceutical Industries (TEVA.TA) and … Read more
Walgreens Boots Alliance reported quarterly sales and profitability that beat estimates. Shares fell by roughly 2% in premarket trade after the release of the earnings report. The company has increased its online offerings, such as curbside pickup and delivery. As its retail sales increased and its online sales increased, Walgreens Boots Alliance on Thursday reported … Read more
After putting Boots for sale in January, Walgreens claimed to have received numerous proposals. Mukesh Ambani and Apollo Global Management were reportedly interested purchasers. The company was valued at around £9 billion when it announced its merger in 2014. According to US pharmacy behemoth Walgreens, purchasers of Boots were unable to acquire sufficient financing because … Read more
