CVS Health Corp Upon Receipt Of FDA's Warning Letter, We Have Stopped Sale Of CVS Health Brand Pink Eye Relief Eye Drops At Our Stores And Online
Portfolio Pulse from Benzinga Newsdesk
CVS Health Corp has halted the sale of its brand Pink Eye Relief Eye Drops at its stores and online following a warning letter from the FDA.
September 12, 2023 | 5:16 pm
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CVS Health Corp has stopped selling its Pink Eye Relief Eye Drops due to FDA's warning. This could potentially impact the company's revenue.
The FDA's warning and the subsequent halt of the sale of CVS's Pink Eye Relief Eye Drops could potentially lead to a decrease in the company's revenue. This is because the product is no longer available for purchase, which could negatively affect the company's earnings in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100