Mergers & Acquisitions

The product has a roughly $115 million market size, according to IQVIA data.

Specialty pharmacy is no longer simply set apart by the medication it dispenses. Increasingly, specialty pharmacy companies are expanding the scope of their services to patients, as well as payers, prescribers and manufacturers.

The company attributed its comparable annual sales increases of 1.5% in 2017 to continuing price investments, disciplined sales promotions and enhanced customer experience.

At a special meeting held Tuesday, more than 98% of shares voted in favor of the $69 billion merger that CVS Health said it expects to close in the second half of 2018, pending regulatory approval.

In calendar year 2017, Nutranext generated sales of about $200 million. About 90% of Nutranext sales are in the U.S.

John Hendrickson spent most of his career in the OTC business working for a single company over a span of 29 years - private brand manufacturer Perrigo.

Nationally, 1,932 Rite Aid drugstores are being acquired by Walgreens. While external signage remains Rite Aid for the time being, stores will be converted to the Walgreens brand in phases over time.

Independent pharmacy owners who start planning an exit strategy years in advance have a better chance of connecting with the right buyer and securing a more favorable deal.