FDA issues warning letter to drug distributor McKesson for tampered shipments of opioids [CNBC]
Rite Aid Corporation (RAD)
Last rite aid corporation earnings: 4/16 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
riteaid.com/corporate/investor-relations
Company Research
Source: CNBC
FDA issues warning letter to drug distributor McKesson for allegedly shipping 'illegitimate' opioid products Andrew Brookes | Getty Images The Food and Drug Administration McKessson Specifically, the FDA is accusing McKesson of failing to identify, quarantine and investigate drug shipments that had been tampered with. Some of the bad shipments were discovered at three Rite Aid pharmacies in Michigan. This is the first time the FDA has issued a warning letter under the 2013 Drug Supply Chain Security Act. Distributors have come under fire for their role in the opioid crisis. McKesson and Cardinal Health are the subject of numerous lawsuits alleging they flooded communities with opioids. "A distributor's failure to have systems in place to investigate and quarantine suspect and illegitimate products within their control is a violation of the law. But this is even more concerning given that we're in the midst of a widespread opioid crisis," FDA Commissioner Scott Gottlieb said in a state
Show less
Read more
Impact Snapshot
Event Time:
RAD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RAD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RAD alerts
High impacting Rite Aid Corporation news events
Weekly update
A roundup of the hottest topics