Fox Business Briefs: Walgreens joins what has now turn into a pharmacy trifecta in pulling the prevent promoting the heartburn drugs Zantac and its generic variations from retailer cabinets.
California is opting to not renew a $54 million contract with Walgreens in protest of the industry’s determination not to dispense abortion medicine in sure states, Governor Gavin Newsom introduced.
Walgreen’s determination was once introduced final week after the corporate was once being threatened with prison motion by means of 20 Republican legal professionals normal if Walgreens bought abortion tablets of their states.
The drug in query, mifepristone, may cause an abortion within the first 10 weeks of being pregnant if used with misoprostol.
Mifepristone dilates the cervix and blocks a essential hormone to hold a being pregnant.
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The legal professionals normal represented Alabama, Alaska, Arkansas, Florida, Georgia, Indiana, Iowa, Kentucky, Louisiana, Missouri, Mississippi, Montana, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Utah, and West Virginia.
“We’re serious about not investing in companies that cave to the extremist agenda of the @GOP,” Newsom stated on Twitter Wednesday, after prior to now accusing the Walgreens of “caving to extremists” and “putting women’s lives at risk.”
In an interview with POLITICO, Newsom touted the power of California’s financial system and asserted that the Sunshine State is greater than the entire aforementioned states mixed.
“Ironically, we’re the size of 21 states’ populations combined,” Newsom stated. “And likely, when the dust settles, we’ll be the fourth-largest economy in the world. So, we have, we believe, moral authority, but we also have formal authority and will exercise it in partnership with the Legislature, and in the absence of that, through executive action.”
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Mifepristone (Mifeprex), one of the most two medicine utilized in a medicine abortion, is displayed on the Women’s Reproductive Clinic, which gives prison drugs abortion products and services, in Santa Teresa, New Mexico, on June 15, 2022. (ROBYN BECK/AFP by the use of Getty Images / Getty Images)
Walgreens advised Fox News Digital that Newsom’s reasoning was once based totally off of “false and misleading information.”
“We are deeply disappointed by the decision by the state of California not to renew our longstanding contract due to false and misleading information,” a spokesperson advised Fox News Digital. “Walgreens is facing the same circumstances as all retail pharmacies, and no other retail pharmacies have said that they would approach this situation differently, so it’s unclear where this contract would now be moved.”
Walgreens additionally added that they intend to dispense mifepristone in any district the place it’s legally permissable.

ANTIOCH, CALIFORNIA – AUGUST 11: California Gov. Gavin Newsom speaks to journalists right through a consult with the Antioch Water Treatment Plant on August 11, 2022. ((Photo by means of Justin Sullivan/Getty Images) / Getty Images)
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“Providing legally approved medications to patients is what pharmacies do, and is rooted in our commitment to the communities in which we operate,” the commentary added.