CVS is voluntarily removing certain cough and cold medicines that contain phenylephrine as the only active ingredient from stores.
Retail stores in the U.S. sold 242 million bottles of drugs containing phenylephrine last year, up 30% from 2021, according to data compiled by FDA staffCVS is voluntarily removing some of the most common cough and cold medicines from its store shelves and will no longer sell them, a company spokesperson told CNBC on Thursday.
The FDA has not decided whether to ask drug manufacturers and retailers such as CVS to remove products containing oral phenylephrine from the market.is removing some of the most common cough and cold medicines from its store shelves and will no longer sell them, a company spokesperson told CNBC on Thursday.
CVS is aware of the determination made by the FDA advisors and will follow directions from the agency to ensure that products sold at the company's stores comply with laws and regulations, the spokesperson said. They added that CVS stores will continue to offer other oral cough and cold products to meet patient needs.
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