Omnicare Sued by U.S. Regulators to Block Takeover of PharMerica

6 February 2012, 4:27 pm

U.S. regulators sued Omnicare Inc. to block its $440.8 million takeover of rival drug-supply company PharMerica Corp., a deal they said would increase prices for elderly nursing-home residents covered by Medicare.      Omnicare’s acquisition of Louisville, Kentucky-based PharMerica would give it the bargaining leverage to raise medicine prices for those covered by Medicare prescription drug ...... Read More »

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