Walmart, CVS to halt filling prescriptions for controlled substances by Cerebral, Done By Reuters


2/2

© Reuters. FILE PHOTO: A Walmart sign is pictured at one of their stores in Mexico City, Mexico March 28, 2019. REUTERS/Edgard Garrido

2/2

(Reuters) – Walmart (NYSE:) Inc and CVS Health Corp (NYSE:) said on Wednesday they will stop filling prescriptions for controlled substances issued by telehealth startups Cerebral Inc and Done Health.

Cerebral and Done are known for treating patients with ADHD, prescribing stimulants such as Adderall.

Walmart confirmed the move to Reuters and said the decision was made after an audit and compliance process.

CVS said it will not accept prescriptions for controlled substances issued by the startups effective May 26, as a result of a review it conducted on the telehealth firms and after it was “unable to resolve concerns we have with Cerebral and Done Health.”

The development was first reported by Wall Street Journal earlier on Wednesday.

Cerebral and Done did not respond to Reuters requests for comment.

According to another WSJ from earlier this month, Cerebral had been issued a subpoena by federal prosecutors as part of an investigation into possible violations of the Controlled Substances Act.

The development was first reported by WSJ earlier on Wednesday.



Source link

Related articles

Rush Enterprises, Inc. (RUSHA) Q1 2025 Earnings Name Transcript

Rush Enterprises, Inc. (NASDAQ:RUSHA) Q1 2025 Earnings Convention Name Might 1, 2025 10:00 AM ET Firm Individuals Rusty Rush - Chairman, President & CEOSteven Keller - CFO Convention Name Individuals Daniel Imbro -...

Analysts Cite Sturdy Pure Product sales, Private Labels As Key Tailwinds

Vishal Mega Mart Ltd.’s internet income for the fourth quarter of the financial 12 months 2024-25 surged 88% year-on-year. Brokerages attributed the sturdy effectivity to sturdy festive-led demand, improved retailer productiveness, and the...

MoviePass launches Mogul, a each day fantasy sports-inspired, blockchain-based platform for film buffs, and says over 400K folks have signed up for early entry...

Lauren Forristal / TechCrunch: MoviePass launches Mogul, a each day fantasy sports-inspired, blockchain-based platform for film buffs, and says over 400K folks have signed up for early entry  —  MoviePass, the startup that...

Public firms have already acquired 96% of all Bitcoin to be mined in 2025

Publicly listed firms have purchased roughly 157,957 Bitcoin (BTC) as of Might 1, accounting for 96% of the 164,250 BTC projected to be mined all year long.Bitcoin Treasuries knowledge reveals that non-public firms...

Kraken Completes $1.5B NinjaTrader Acquisition As Funded Accounts Soar 26% in Q1

Kraken accomplished its acquisition of NinjaTrader, the outstanding U.S. futures buying and selling platform, after saying the $1.5 billion transaction in March. With this acquisition, Kraken goals to supply entry to conventional derivatives inside Kraken's...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com