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PharMerica re-ups with Cardinal Health

Mar. 02, 2015 11:21 AM ETPharMerica Corporation (PMC-OLD) StockBy: Douglas W. House, SA News Editor
  • Long-term care pharmacy services provider PharMerica (NYSE:PMC +1.4%) enters into a new wholesale drug distribution agreement with Cardinal Health (CAH +1.4%). The contract term will be April 1 of this year through June 2018.
  • Cardinal will now assume responsibility for the sourcing and distribution of branded and generic pharmaceuticals for PharMerica.
  • Financial terms are not disclosed.

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