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)