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Walgreens fortifies its specialty pharmacy arm
DEERFIELD, Ill. — Walgreens on Thursday inserted another piece into its comprehensive healthcare offering, just in time for the PBM selling season, with the acquisition of BioScrip's community specialty pharmacies.
Walgreens and BioScrip announced that they have entered into a definitive agreement under which Walgreens will acquire certain assets of BioScrip's community specialty pharmacies and centralized specialty and mail-service pharmacy businesses for a total deal value of approximately $225 million.
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Savient appoints interim CEO
EAST BRUNSWICK, N.J. — A former Johnson & Johnson executive has been appointed to serve as interim CEO for Savient Pharmaceuticals.
Savient's board of directors appointed David Norton to serve as interim CEO, succeeding current CEO John Johnson, who is leaving the company to become president, CEO and chairman-elect of biotechnology company Denderon. Savient's board said it will conduct a search process for a permanent CEO.
Norton, who is a member of Savient's board, formerly served as J&J company group chairman of global pharmaceuticals.