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CVS is in trouble again

October 14, 2010

This time it’s for selling a key ingredient in meth to drug makers.

The Woonsocket based company has agreed to pay $75 million dollars in fines + 2.6 million dollars in illegal for not keeping an eye on its sales of pseudoephedrine- commonly found in cold medicine but also commonly used to make meth.

Federal prosecutors in LA say CVS allowed meth makers to buy sudafed multiple times in a day and at multiple stores despite complaints from clerks.  When drug enforcement officials went to bust up meth labs, they often found CVS bags and opened boxes of CVS’s generic brand of sudafed.

CVS has had trouble in the past for keeping expired products on its shelves and using its merger with Caremark to squeeze out community pharmacies.

The 75 million dollar fine is reportedly the largest civil penalty ever paid under the Controlled Substances Act.

CVS’s chairman and CEO Thomas Ryan says the lapse was was an unacceptable breach of the company’s policies and totally inconsistent with CVS’s values.

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