Mergers & Acquisitions

Walgreens Boots Alliance announced on Monday that, following receipt of regulatory approvals, it has completed the previously announced sale of a 30 percent interest in Guangzhou Pharmaceuticals to its joint venture partner Guangzhou Baiyunshan Pharmaceutical Holdings.

McKesson announced on Friday that it has completed its previously announced acquisition of Medical Specialties Distributors, a distributor of infusion and medical-surgical supplies as well as biomedical services to alternate site and home health providers.

The Maple Grove, Minn.-based company’s collaboration will see Upsher-Smith marketing and distributing products whose combined annual sales total more than $1.6 billion annually, according to IQVIA data for the 12 months ended March 2018.

Southeastern Grocers announced that it has successfully completed its financial restructuring and has emerged from bankruptcy protection after filing in March.

Nicholas Hart joins Lupin from Ferring Pharmaceuticals as Lupin launches Solosec, a treatment for bacterial vaginosis developed by its recently acquired subsidiary Symbiomix Therapeutics.

Founded in 2001 by a family-owned organic apple farm in Washington, Bare Snacks began as a baked apple chips line that was sold at local farmer’s markets.

Founded by the minds behind Butterfly Circus and Butterfly Riot, David and Alexis Thurston, Pulp Riot Hair Color creates innovative products and education for stylists.

McKesson reported on Thursday a modest lift in fourth quarter and full-year revenues as chairman and CEO John Hammergren emphasized the company’s “ongoing focus on delivering shareholder value.”