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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 operations and focus on more profitable ventures. The acquisition by GenieRx, a partnership between Milrose Capital and Integro Healthcare Services, aims to enhance Omnicare's services and build upon its established reputation in serving skilled nursing and assisted living facilities. AI

排序理由 Divestiture of a major business unit by a large healthcare company. [lever_c_demoted from significant: ic=1 ai=0.1]

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CVS sells Omnicare pharmacy unit to GenieRx for $250 million

报道来源 [1]

  1. Forbes — Innovation TIER_1 English(EN) · Bruce Japsen, Senior Contributor ·

    CVS Sale Of Omnicare Long-Term Care Pharmacy Continues Portfolio Revamp

    A bankruptcy court has approved the sale of CVS Health’s underperforming Omnicare long-term care pharmacy network to GenieRx in a deal valued at $250 million.