Walgreens' $54M contract with California to be canceled over abortion pill access
Mar. 09, 2023 4:38 AM ETWalgreens Boots Alliance, Inc. (WBA)By: SA News Team213 Comments
- California will cancel a $54M contract with Walgreens Boots Alliance (NASDAQ:WBA) over the company's decision not to sell abortion pills (Mifepristone) in certain states, Governor Gavin Newson said.
- The contract provides specialty prescription drugs, primarily to the California Department of Corrections and Rehabilitation and its correctional healthcare system.
- The contract expires April 30.
- In a tweet on Wednesday, Newsom added, "We’re serious about not investing in companies that cave to the extremist agenda of the @GOP."
- Newsom said earlier in the week that the state was "done" with the company as it decided not to distribute Mifepristone in 20 states where Republicans are threatening legal action.
- Walgreens’ senior director of external relations said, "We are deeply disappointed by the decision by the state of California not to renew our longstanding contract due to false and misleading information."
- The spokesman added that after FDA certification, Walgreens plans to dispense mifepristone in any jurisdiction where it is legally permissible to do so, consistent with federal and state laws.