financetom
Business
financetom
/
Business
/
Costco to not sell abortion pill mifepristone at its US pharmacy stores (Aug. 14)
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Costco to not sell abortion pill mifepristone at its US pharmacy stores (Aug. 14)
Aug 15, 2025 12:57 AM

Aug 14 (Reuters) - Costco Wholesale ( COST ) said on

Thursday it has decided to not sell abortion pill mifepristone

across all its U.S. pharmacy stores, citing low demand.

"Our position at this time not to sell mifepristone, which

has not changed, is based on the lack of demand from our members

and other patients, who we understand generally have the drug

dispensed by their medical providers," Costco said.

The decision comes amid campaigns against the pill by

religious activist groups, including Inspire Investing and

Alliance Defending Freedom.

"Many retailers have become more cautious about taking overt

political or social stances after recent controversies triggered

boycotts, negative media coverage, and polarized consumer

reactions," said Arun Sundaram, senior analyst at CFRA.

Bloomberg reported earlier in the day that religious

activist groups, which targeted retailers including Costco,

Kroger ( KR ), Walmart ( WMT ) and Albertsons ( ACI ) last year,

will now focus on Walgreens and CVS Health ( CVS ) that

dispense the pill in states where abortion is legal.

"The U.S. Supreme Court's ruling on mifepristone access

allows Walgreens to continue to dispense mifepristone under the

FDA guidelines," Walgreens' website states.

Kroger ( KR ) said it was reviewing the FDA's updated mifepristone

Risk Evaluation and Mitigation Strategy (REMS) drug safety

program, while CVS told Reuters that it fills "prescriptions for

mifepristone in select states where legally permissible."

Mifepristone was approved in combination with misoprostol in

2000 by the U.S. Food and Drug Administration to end a pregnancy

within 10 weeks of gestation.

Mifepristone blocks progesterone, the hormone that helps a

woman's body maintain the lining of the uterus during pregnancy.

Misoprostol is then taken to complete the abortion process.

Danco Laboratories, which manufactures the abortion pill

regimen, did not respond to a Reuters request for comment, while

Walmart ( WMT ) declined to comment.

(Reporting by Neil J Kanatt and Sriparna Roy in Bengaluru;

Editing by Shilpi Majumdar and Shinjini Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved