An aging population combined with increasing numbers of people diagnosed with chronic diseases are among the top factors set to influence innovation in the generics drug market in 2023.
Two months after filing for Chapter 11 bankruptcy protection, Brooklyn, N.Y.-based Medly Pharmacy is selling its pharmacy assets to Walgreens for $19.35 million.
CVS Health will acquire Oak Street Health in an all-cash transaction at $39 per share, which represents an enterprise value of approximately $10.6 billion.