Walgreens reaches US settlement over infant formula prices
US pharmacy chain Walgreens Boots Alliance has reached a settlement following accusations of illegally raising prices of infant formula.
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US pharmacy chain Walgreens Boots Alliance has reached a settlement following accusations of illegally raising prices of infant formula.
Walgreens has settled charges by New York Attorney General Letitia James that it grossly inflated prices on at least 20 infant formula products after a recall by Abbott Labs led to a nationwide...
NEW YORK (Reuters) -Walgreens has settled charges by New York Attorney General Letitia James that it grossly inflated prices on at least 20 infant formula products after a recall by Abbott Labs led to a nationwide shortage in early 2022. The largest U.S. pharmacy chain did not admit or deny wrongdoing in entering an assurance of discontinuance with James' office, including a $50,000 payment covering civil penalties and costs, that was made public on Monday. James said Walgreens raised prices on
The warning is different to the baby formula issue of last year. Read more at straitstimes.com.
Abbott Laboratories will stop sales of its Similac Probiotic Tri-Blend product used for hospitalized preterm infants after the FDA issued a warning letter, the health regulator said on Thursday.