News

Latest News

Stocks in Play

Dividend Stocks

ETFs

Breakout Stocks

Tech Insider

Forex Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

Walgreens at Odds with California over Abortion Pill

California Gov. Gavin Newsom on Monday said the state would no longer do business with Walgreens (NASDAQ:WBA), after the drugstore chain told 21 Republican attorneys general that it would not sell the abortion pill in their states.

Newsom said on Twitter that the state is “done” doing business with Walgreens. Brandon Richards, a spokesperson for the governor, said California is reviewing all relationships between Walgreens and the state.

“We will not pursue business with companies that cave to right-wing bullies pushing their extremist agenda or companies that put politics above the health of women and girls,” Richards said.

The pharmacy chain said it plans to sell mifepristone “in any jurisdiction where it is legally permissible to do so,” according to a statement. “Once we are certified by the FDA, we will dispense this medication consistent with federal and state laws,” the company added.

The Food and Drug Administration in January allowed retail pharmacies to sell the abortion pill, mifepristone, if they are certified under an agency program that monitors how the medication is used and distributed.

Walgreens plans to become certified to sell mifepristone where it is legal to do so under state and federal law, the company has said. In February, 21 Republican attorneys general warned Walgreens against mailing mifepristone in their states.

WBA shares parted with 39 cents, or 1.1%, to $35.06.