Diplomat Pharmacy extends Celgene contract until mid-2019

|About: Diplomat Pharmacy (DPLO)|By:, SA News Editor

Diplomat Pharmacy (DPLO -1.2%) renews its specialty drug purchasing agreement with Celgene that was set to expire on June 30. The new deal, substantially the same as the old one, runs until June 30, 2019.

The contract sets the prices under which Diplomat can buy drugs from Celgene in addition to providing certain prescription-dispensing services.