Here's your summary from CVS brand drug recall: are factories tainted? (https://www.youtube.com/watch?v=SMHJR2gXeRg) on the Bloomberg Television channel:

**TLDR:** CVS branded generic drugs have been recalled 133 times in the last decade due to safety concerns, highlighting potential quality control issues at some contract manufacturers.

1. CVS branded generic drugs have been recalled 133 times in the last decade, which is 2 to 3 times more than recalls at Walgreens and Walmart.

2. Some contract manufacturers producing CVS branded drugs have been found to have quality control issues, such as using contaminated water and making drugs too potent for children.

3. CVS relies on third-party auditors to monitor for red flags at factories, but the emphasis on cost-cutting can potentially compromise consumer safety.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro