logo
Plus   Neg
Share
Email

Walmart Suspends Sale Of All OTC Ranitidine Products - Quick Facts

Retail giant Walmart Inc. (WMT) announced Wednesday that it is suspending the sale of all over the counter ranitidine products in stores, clubs and online, including Zantac, Equate and Member's Mark brands.

The company is taking this action after closely monitoring the recent Product Alert from the U.S. Food and Drug Administration (FDA) that ranitidine products may contain a low level of nitrosodimethylamine (NDMA).

NDMA, a known environmental contaminant, is classified as a probable human carcinogen that could cause cancer, based on results from laboratory tests. These are generally found in water and foods, including meats, dairy products, and vegetables.

Walmart is urging customers who purchased these products to return them to Walmart or Sam's Club for a refund.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Panera Bread Co. is launching a new subscription program that will allow customers to drink unlimited coffee and tea. The new program of $8.99 per month launches Thursday and covers hot coffee, iced coffee and hot tea. With the introduction of the subscription, Panera becomes the first national restaurant company to offer unlimited hot drip coffee, iced coffee and hot tea for $8.99 per month. Best Buy Co. Inc. (BBY) Thursday reported a fourth-quarter profit that increased 1.4 percent from last year, while, J. C. Penney Co.'s (JCP) quarterly profit dropped 64 percent. However, the results of the companies topped analysts' estimates. Safavieh LLC recalled about 760 units of Aura and Silas 3-Drawer Chests for possible serious tip-over and entrapment hazards that can result in death or injuries to children, the U.S. Consumer Product Safety Commission said in a statement. The company said the chests are unstable if they are not anchored to the wall.
Follow RTT
>