"}},{"@type":"Question","name":"How many pharmaceutical drugs have been recalled?","acceptedAnswer":{"@type":"Answer","text":"In the US, one major agency — the FDA — is responsible for making sure that the drugs they approve are safe and effective. Yet there were more than 14,000 drug recalls in the last 10 years, according to FDA statistics. That averages out to nearly four drug recalls a day!"}},{"@type":"Question","name":"Where does CVS get their generic drugs from?","acceptedAnswer":{"@type":"Answer","text":"Note that CVS Health primarily sources generic drugs via Red Oak Sourcing, its joint venture with Cardinal Health."}},{"@type":"Question","name":"Are CVS and Walgreens owned by the same company?","acceptedAnswer":{"@type":"Answer","text":"No, Walgreens, Rite-Aid, and CVS pharmacy are not owned by the same parent company. Each of these pharmacy chains operates as a separate and independent company with its own ownership and management. Walgreens: Walgreens is owned by Walgreens Boots Alliance, Inc., which is a publicly traded company."}},{"@type":"Question","name":"Who is CVS merging with?","acceptedAnswer":{"@type":"Answer","text":"The CVS-Aetna deal is the biggest health care merger in U.S. history. The AMA immediately began analyzing the merger's likely impact on competition."}},{"@type":"Question","name":"Is CVS owned by Target?","acceptedAnswer":{"@type":"Answer","text":"CVS Health bought Target's pharmacy and clinic businesses in 2015 for roughly $1.9 billion. The initial deal brought 1,672 pharmacies across 47 states under the CVS name. Copyright 2024 Nexstar Media Inc. All rights reserved."}},{"@type":"Question","name":"How much does the CEO of CVS make?","acceptedAnswer":{"@type":"Answer","text":"CVS Health's CEO is Karen Lynch, appointed in Feb 2021, has a tenure of 3.42 years. total yearly compensation is $21.62M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.04% of the company's shares, worth $29.89M."}},{"@type":"Question","name":"Which drug recall is the most serious?","acceptedAnswer":{"@type":"Answer","text":"Class I Recalls by the US Food and Drug Administration (FDA) are the most severe type of FDA recall. In a Class-I recall there is a potential for serious injury or death."}},{"@type":"Question","name":"Why was metoprolol taken off the market?","acceptedAnswer":{"@type":"Answer","text":"Ascend Laboratories is recalling 58,596 bottles of metoprolol succinate extended-release tablets for failing to meet dissolution specifications, according to the February 1, 2023, US Food and Drug Administration (FDA) Enforcement Report."}},{"@type":"Question","name":"What is the most common reason for drug recall?","acceptedAnswer":{"@type":"Answer","text":"The top reasons for drug recalls include contamination, mislabeling, and defective products. Adverse reactions and incorrect potency are also top reasons. Contact your pharmacy and prescriber if you've been impacted by a recall."}},{"@type":"Question","name":"Who did CVS just acquire?","acceptedAnswer":{"@type":"Answer","text":"CVS closed $8B deal for health services company Signify Health. CVS Health has closed its major acquisition of health services company Signify Health at a deal valued at $8 billion. The acquisition, first announced back in September, will help advance the health giant's push into value-based care."}},{"@type":"Question","name":"When did CVS buy out Target pharmacy?","acceptedAnswer":{"@type":"Answer","text":"1 On December 16, 2015, CVS Health Corporation closed its acquisition of 1672 Target in-store pharmacies in 47 states."}}]}}

How 133 CVS store-brand drug recalls were linked to filthy factories (2024)

A new analysis has revealed the dangers of buying CVS' own-brand drugs.

FDAdata shows America's largest pharmacy chain recalled 133 over-the-counter medicines over the last decade, or about one a month.

That was more than twice as many as its competitor Walgreens, which had 70 recalls over the same period, and three times more than Walmart, which had 51 recalls.

The reasons for the CVS recalls included drugs being infested with bacteria, mold growing in factory ventilators, peeling paint and barefoot workers in factories and pills containing incorrect doses.

Own-brand eye drops were the CVS productsmost likely to be recalled over the last decade, followed by own-brand constipation drugs — such as magnesium citrate tablets — and those for treating colds and flus.

An analysis of recalls showed that over the last decade CVS has recorded 133 recalls, at least twice as many as its two closest rivals

Pictured above is the factory run by Kilitch Healthcare India Limited which made eyedrops sold at stores including CVS, where they also carried the company's label

Recalled products were manufactured by companies based in China and India, as well as some in the US — including Tennessee and Florida.

CVS has seen its recalls rise in recent years, recording less than ten a year from 2014 to 2018 but above this number for four out of six years since then.

So far this year, the chain has recorded 11 recalls — mostly for eye drops, cough medicines and drugs for treating constipation.

Experts have been warning for some time over generic medicines, saying there are too few incentives for pharmacy chains to ensure their quality.

This is due to a loophole in FDA rules which makes CVS not responsible for the quality of generics manufactured by third-party factories, even when the products carry a red heart and the words 'CVS Health'.

Dr Kevin Schulman, a medicine expert at Stanford University, told Bloomberg: 'The best way to make a low-price product is to skimp on quality, and that's what we're seeing over and over and over again.'

A spokesperson for CVS said in a statement that the chain — which has more than 9,000 stores nationally — prioritizes 'good manufacturing and ethical sourcing practices'.

They added that CVS brands 'are designed to maximize quality and safety, work as intended, comply with regulations and satisfy customers'.

Above shows two CVS-branded products that were recalled because of contamination. They are eye ointment manufactured in India and constipation tablets made in Tennessee

CVS said all its own brand medications are manufactured to a high standard

In one instance from January this year, allergy medications made for CVS by an Indian company were recalled after FDA inspectors found stagnant liquid — growing yeast and mold — inside an air purification unit at the drugmaker's facility in India, reports show.

Read More Ointment for dry eyes is recalled nationwide due to infection risk

And in a second from October last year, investigators arrived at a factory in India that made CVS eye drops only to find peeling paint and barefoot workers. An investigation by the FDA also revealed fabricated test results that made products from the factory appear safe.

In a third case from 2022, CVS recalled magnesium citrate tablets — used for constipation — after they were found to have been contaminated by microbes. The tablets were made by Tennessee-based company Vi-Jon.

In a fourth case from 2019,FDA inspectors found that a factory in Florida making children's cough syrup for CVS was using water contaminated with a bacteria that can be deadly to youngsters with weakened immune systems.

Inspectors determined that the company, called Unipharma LLC and now defunct, had been ignoring test results revealing the bacteria.

The discovery led to all of its non-prescription products being recalled,also including cherry-flavored children's pain and fever medicine, mixed berry-flavored children's allergy relief and pineapple-flavored children's cough syrup.

There was also a recall of CVS own-brand ibuprofen tablets that same year after investigators found the pills contained more of the painkiller than the label suggested.

CVS sells more than 2,000 store-brand health and wellness products in the US, with the own-brand market worth $236billion in 2023 according to estimates.

It comes after the US was rocked by a recall of more than 26 store-brand eye drops sold across pharmacies in the country, also including Rite Aid and Walmart.

The drops were contaminated with a bacteria linked to blindness and lethal infections that experts said was able to 'melt through' eyes.

At least four people died from sepsis after using the eyedrops, while 14 lost their vision and more than 80 infections were reported.

How 133 CVS store-brand drug recalls were linked to filthy factories (2024)

FAQs

How 133 CVS store-brand drug recalls were linked to filthy factories? ›

CVS drug recalls tied to factories with history of mold, dirty conditions. One factory making CVS-branded pain and fever medications for children used contaminated water. Another made drugs for kids that were too potent. And a third made nasal sprays for babies on the same machines it used to produce pesticides.

What drug store did CVS buy out? ›

After 35 years in business, in February of 1998, Arbor Drugs was acquired by national retail chain, CVS. The acquisition catapulted CVS into becoming the nation's leading drug retailer based on store count (4,100 stores) and prescriptions dispensed (12% of all retail prescriptions).

What was CVS called before? ›

CVS Pharmacy used to be a subsidiary of Melville Corporation, where its full name was initially Consumer Value Stores. Melville changed its name to CVS Corporation in 1996 after Melville sold off many of its nonpharmacy stores. The last of its nondrugstore operations were sold in 1997.

Who owns CVS? ›

How many pharmaceutical drugs have been recalled? ›

In the US, one major agency — the FDA — is responsible for making sure that the drugs they approve are safe and effective. Yet there were more than 14,000 drug recalls in the last 10 years, according to FDA statistics. That averages out to nearly four drug recalls a day!

Where does CVS get their generic drugs from? ›

Note that CVS Health primarily sources generic drugs via Red Oak Sourcing, its joint venture with Cardinal Health.

Are CVS and Walgreens owned by the same company? ›

No, Walgreens, Rite-Aid, and CVS pharmacy are not owned by the same parent company. Each of these pharmacy chains operates as a separate and independent company with its own ownership and management. Walgreens: Walgreens is owned by Walgreens Boots Alliance, Inc., which is a publicly traded company.

Who is CVS merging with? ›

The CVS-Aetna deal is the biggest health care merger in U.S. history. The AMA immediately began analyzing the merger's likely impact on competition.

Is CVS owned by Target? ›

CVS Health bought Target's pharmacy and clinic businesses in 2015 for roughly $1.9 billion. The initial deal brought 1,672 pharmacies across 47 states under the CVS name. Copyright 2024 Nexstar Media Inc. All rights reserved.

How much does the CEO of CVS make? ›

CVS Health's CEO is Karen Lynch, appointed in Feb 2021, has a tenure of 3.42 years. total yearly compensation is $21.62M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.04% of the company's shares, worth $29.89M.

Which drug recall is the most serious? ›

Class I Recalls by the US Food and Drug Administration (FDA) are the most severe type of FDA recall. In a Class-I recall there is a potential for serious injury or death.

Why was metoprolol taken off the market? ›

Ascend Laboratories is recalling 58,596 bottles of metoprolol succinate extended-release tablets for failing to meet dissolution specifications, according to the February 1, 2023, US Food and Drug Administration (FDA) Enforcement Report.

What is the most common reason for drug recall? ›

The top reasons for drug recalls include contamination, mislabeling, and defective products. Adverse reactions and incorrect potency are also top reasons. Contact your pharmacy and prescriber if you've been impacted by a recall.

Who did CVS just acquire? ›

CVS closed $8B deal for health services company Signify Health. CVS Health has closed its major acquisition of health services company Signify Health at a deal valued at $8 billion. The acquisition, first announced back in September, will help advance the health giant's push into value-based care.

When did CVS buy out Target pharmacy? ›

1 On December 16, 2015, CVS Health Corporation closed its acquisition of 1672 Target in-store pharmacies in 47 states.

Is Longs Drugs owned by CVS? ›

Welcome, Longs customers.

As you may be aware, Longs Drugs is now owned and operated by CVS Pharmacy. CVS Pharmacy has been doing business for nearly 50 years and our commitment to the highest quality pharmacy service has resulted in millions of loyal customers. We look forward to being your pharmacy, too.

What pharmacy did Walgreens buy out? ›

Walgreens, which operates stores under its own name as well as Boots stores in Britain and Duane Reade stores in the United States, instead bought around 42% of Rite Aid's existing stores that year for $4.38 billion.

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