• bitcoinBitcoin(BTC)$77,929.00-2.31%
  • ethereumEthereum(ETH)$2,227.15-3.35%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$716.11-3.94%
  • rippleXRP(XRP)$1.24-3.81%
  • usd-coinUSDC(USDC)$1.00-0.03%
  • solanaSolana(SOL)$96.74-2.81%
  • tronTRON(TRX)$0.3490875.72%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.01%
  • HyperliquidHyperliquid(HYPE)$92.3818.09%
  • zcashZcash(ZEC)$1,281.324.01%
  • dogecoinDogecoin(DOGE)$0.075768-2.48%
  • moneroMonero(XMR)$610.924.20%
  • USDSUSDS(USDS)$1.00-0.19%
  • whitebitWhiteBIT Coin(WBT)$74.51-2.59%
  • leo-tokenLEO Token(LEO)$9.40-0.67%
  • chainlinkChainlink(LINK)$10.92-3.90%
  • cardanoCardano(ADA)$0.191610-2.63%
  • stellarStellar(XLM)$0.164594-1.69%
  • bitcoin-cashBitcoin Cash(BCH)$280.972.05%
  • nearNEAR Protocol(NEAR)$4.15-5.94%
  • RainRain(RAIN)$0.006571-2.91%
  • daiDai(DAI)$1.00-0.01%
  • Ethena USDeEthena USDe(USDE)$1.00-0.18%
  • litecoinLitecoin(LTC)$55.98-2.10%
  • uniswapUniswap(UNI)$6.72-3.68%
  • USD1USD1(USD1)$1.00-0.09%
  • avalanche-2Avalanche(AVAX)$8.43-1.55%
  • CantonCanton(CC)$0.092380-4.35%
  • suiSui(SUI)$0.88-2.25%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.17-3.34%
  • tether-goldTether Gold(XAUT)$3,987.56-1.16%
  • Global DollarGlobal Dollar(USDG)$1.000.02%
  • hedera-hashgraphHedera(HBAR)$0.070312-3.96%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.15%
  • BittensorBittensor(TAO)$236.58-4.08%
  • shiba-inuShiba Inu(SHIB)$0.000005-3.98%
  • quant-networkQuant(QNT)$183.84-3.59%
  • Ripple USDRipple USD(RLUSD)$1.00-0.05%
  • crypto-com-chainCronos(CRO)$0.050858-3.50%
  • EthenaEthena(ENA)$0.184099-5.36%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.15-0.09%
  • okbOKB(OKB)$113.042.82%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • MemeCoreMemeCore(M)$1.01-3.07%
  • BitwayBitway(BTW)$1.47-16.68%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • pepePepe(PEPE)$0.000005-1.27%
  • aaveAave(AAVE)$123.67-4.27%
  • OndoOndo(ONDO)$0.386882-4.25%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

CVS pulls popular cold medicines from store shelves

October 20, 2023
in Business
Reading Time: 3 mins read
A A
CVS pulls popular cold medicines from store shelves
ShareShareShareShareShare

CVS said on Thursday that it is voluntarily removing certain common oral cough and cold products after a Food and Drug Administration (FDA) advisory panel determined last month that its active ingredient doesn’t work.  

YOU MAY ALSO LIKE

Utah charges Kalshi’s founders, escalating a war over who can regulate prediction markets

Binance founder says crypto exchange may have been hacked

“We are voluntarily removing certain oral cough and cold products that contain phenylephrine as the only active ingredient from CVS Pharmacy stores,” a CVS spokesperson said. “Other oral cough and cold products will continue to be offered to meet consumer needs.” 

“We are aware of the FDA Advisory Committee’s position on oral phenylephrine (PE) and will follow direction from the FDA to ensure products we sell comply with all laws and regulations,” the spokesperson continued.

The move comes just a month after all 16 members of the FDA’s Nonprescription Drugs Advisory Committee (NDAC) agreed that oral phenylephrine, found in common versions of Sudafed, Mucinex, Vicks, Allegra and Dayquil, isn’t effective in offering relief from nasal congestion. 

CVS says they are voluntarily removing certain oral cough and cold products that contain phenylephrine as the only active ingredient.
Getty Images

The FDA clarified that neither the agency nor the committee raised concerns about safety issues with use of oral phenylephrine at the recommended dose. 

The committee’s purpose is to provide independent advice and recommendations to the FDA, but the government agency makes final decisions.

Although the FDA hasn’t made any decision regarding the product’s effectiveness, CVS decided to pull the products. 

CVS put out a statement saying they will follow direction from the FDA to ensure products sold comply with all laws and regulations.
Corbis via Getty Images

A Walgreens spokesperson told FOX Business that it is “closely monitoring the situation and actively partnering with the Walgreens Office of Clinical Integrity and suppliers on appropriate next steps.”

Representatives for Rite Aid have not immediately responded to FOX Business’ request for comment. 

Following the panel’s discussion, the FDA issued a notice alerting consumers that there are a range of products that do work to treat symptoms other than congestion.

The committee’s recommendations also only related to orally administered phenylephrine and not the nasal spray form, according to the FDA. 

Since CVS’s announcement, the FDA hasn’t made any decision regarding the product’s effectiveness.  
Getty Images

While some products only contain phenylephrine, other products contain phenylephrine and another active ingredient such as acetaminophen or ibuprofen, which treats symptoms like headaches or muscle aches. 

“The presence of phenylephrine in these products does not affect how other active ingredients work to treat those symptoms,” the FDA said in a September release. 

Given that a variety of different drug products may be sold under the same brand name, “consumers should always read the drug facts label to determine which ingredients are in a medication, as well as important warnings and directions for use,” the agency warned.  

If the full agency determines that oral phenylephrine is not effective, which would be a lengthy process and include public input, it said it would “work closely with manufacturers to reformulate products as needed to help ensure availability of safe and effective products to treat symptoms of colds or allergies.” 

Credit: Source link

ShareTweetSendSharePin

Related Posts

Utah charges Kalshi’s founders, escalating a war over who can regulate prediction markets
Business

Utah charges Kalshi’s founders, escalating a war over who can regulate prediction markets

October 30, 2026
Binance founder says crypto exchange may have been hacked
Business

Binance founder says crypto exchange may have been hacked

October 29, 2026
Apple’s new touchscreen MacBook Pro can cost up to a whopping K, infuriating fans
Business

Apple’s new touchscreen MacBook Pro can cost up to a whopping $15K, infuriating fans

October 29, 2026
Saloon named California’s best hole in the wall for comfort food
Business

Saloon named California’s best hole in the wall for comfort food

October 29, 2026
Next Post
Hallie Jackson NOW – Aug. 5 | NBC News NOW

Hallie Jackson NOW - Aug. 5 | NBC News NOW

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
‘Take this serious’: Florida Lt. Gov Jay Collins warns residents to brace for Hurricane Isaias

‘Take this serious’: Florida Lt. Gov Jay Collins warns residents to brace for Hurricane Isaias

October 28, 2026
This Morning’s Top Headlines – Oct. 13 | Morning News NOW

This Morning’s Top Headlines – Oct. 13 | Morning News NOW

October 26, 2026
100 people evacuated from hotel fire in Texas

100 people evacuated from hotel fire in Texas

October 29, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!