Shionogi acquires Sciele Pharma for $1.42 billion
ATLANTA Shionogi has completed its acquisition of Sciele Pharma for $31 per share, the two companies announced Thursday.
The deal makes Sciele an indirect, wholly owned subsidiary of Osaka, Japan-based Shionogi. As of Thursday, each share of Sciele common stock not validly tendered and accepted for payment in the tender offer was converted into the right to receive $31 in cash per share without interest and subject to applicable withholding of taxes.
Walgreens ships diabetes supplies for free to Medicare Part B patients
DEERFIELD, Ill. Walgreens has announced that it ship diabetes testing supplies for free to people who have their supplies covered under Medicare Part B.
The move comes at a time when budgets are tight—especially for seniors. To make getting diabetes supplies easier and more affordable, Walgreens said, patients can pick up their testing items at one of the 6,400 stores or have supplies mailed to their home at no cost.
Those seniors who are eligible can sign up by calling 1-888-PARTB-65 (1-888-727-8265) or request a call from a Walgreens representative by logging on to https://www.walgreens.com/partb. Special Walgreens phone reps will assist with filing all of the necessary Part B claim forms and will answer any other additional questions, the company said.
Bruno’s, Food World stores announce closings of many in-store pharmacies
TUSCALOOSA, Ala. Bruno’s over the weekend announced that 22 out 40 in-store pharmacies in Bruno’s and Food World stored throughout Alabama and Florida will be closed. The closures will affect about 60 employees, the company said.
Bruno’s will sell remaining prescriptions and pharmaceutical inventories to CVS, a spokesman told the local media. CVS may also retain some of Bruno’s pharmacy employees.
No word yet on what Bruno’s will do with the remaining space in stores.