ENTITY GenieRx

GenieRx

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2026-05-14 funding GenieRx acquired Omnicare for $250 million. source

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RESEARCH · CL_31769 · May 14 · 13:24

CVS sells Omnicare pharmacy unit to GenieRx for $250 million

CVS Health has finalized the sale of its Omnicare long-term care pharmacy business to GenieRx for $250 million, following bankruptcy court approval. This divestiture is part of CVS's ongoing strategy to streamline its o…