New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 13, 2012
16:18 EDTPMCPharMerica acquires Amerita, transaction expected to be accretive in 2013
PharMerica Corporation announced that it has acquired Amerita, Inc. in an all cash transaction. Amerita is a provider of specialty home infusion services with operations in Tennessee, Texas, Oklahoma, Colorado and Utah. This transaction is expected to be moderately accretive to the company in 2013.
News For PMC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 7, 2015
12:59 EDTPMCPharMerica enters voluntary settlement agreement with DOJ
PharMerica announced that it has reached a voluntary civil settlement with the Department of Justice related to a previously disclosed investigation into allegations that, during the January 1, 2001 through December 31, 2008 time period, certain of the company's agreements with the manufacturer of the pharmaceutical Depakote violated the False Claims Act or the Anti-Kickback Statute. The company denied the government's allegations and fully cooperated with the DOJ throughout this investigation. Under the terms of the Settlement Agreement, PharMerica has agreed to pay $9.25M to the federal government and the various plaintiff states. The company is fully reserved for that amount. PharMerica is pleased to resolve this matter and is committed to compliance and the highest standards of ethical conduct. PharMerica remains focused on operating with integrity and delivering industry-leading performance.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use