Specialty Pharmacy News

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Report: Diplomat leadership changes rattle stock

Crain’s Detroit Business is reporting that Flint, Mich.-based Diplomat Pharmacy’s stock is feeling the effect of Tuesday announcement that president Gary Kadlec and the company’s CFO Sean Whelan would be departing the company by year’s end. After the announcement, the company’s shares fell 12.36% Wednesday, the report says, hitting a new 52-week low. The company is set to release its Q3 earnings report next week. (Crain’s Detroit Business)

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Endo CFO to depart

Endo SVP global finance operations Blaise Coleman will serve as interim CFO, and Endo said it would begin a search for a permanent replacement for Upadhyay.