VALLEY FORGE, Pa. — AmerisourceBergen Corp. plans to purchase pharmaceutical distributor H.D. Smith for $815 million in cash. The companies said that the transaction, pending regulatory review and other closing conditions, is expected to close in early 2018. Springfield, Ill.-based H.D. Smith, the nation’s largest private wholesaler, also operates CompleteCare Pharmacy, Smith Medical Partners, Triplefin
DUBLIN, Ohio — Cardinal Health Inc. has closed its $1.115 billion acquisition of pharmaceutical distributor Harvard Drug Group. Cardinal said Monday that the all-cash deal, announced in early June, will boost its generic drug distribution business as well as expand its over-the counter drug product offerings and its telesales programs and capabilities. Harvard Drug also
DUBLIN, Ohio — Cardinal Health Inc. plans to acquire pharmaceutical distributor The Harvard Drug Group (THDG) from private equity firm Court Square Capital Partners for $1.115 billion. Cardinal said Friday that it will use cash and new debt to finance the transaction, which is expected to close in the beginning of its 2016 fiscal year,
SPRINGFIELD, Ill. — H.D. Smith was named as a finalist for the Healthcare Distribution Management Association’s (HDMA) Distribution Management Award for its mobile controlled substance ordering system (CSOS). The pharmaceutical distributor said Tuesday that the mobile CSOS is the first of its kind offered by a U.S. wholesaler and is set to be rolled out
