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Omnicare Company News

Tue, 27 Sep 2016 13:25:20 GMT

Baldwin Boxall releases EVC System BIM objects  -  InAVate
Baldwin Boxall has announced the availability of BIM objects for its Omnicare and Care2 Emergency Voice Communication (EVC) systems. The drawings are freely available from the company to anyone upon request. Baldwin Boxall's range of EVC systems ...
Thu, 22 Sep 2016 19:54:03 GMT

Strangest Regulatory Interpretation of the Month  -  JD Supra (press release)
The Massachusetts federal district court is hands-down winner of the August award for strangest regulatory interpretation of the month. The interpretation came in the context of denial of Omnicare's summary judgment motion in a False Claims Act (FCA ...
Tue, 20 Sep 2016 15:15:24 GMT
Is the Discount Safe Harbor No Longer “Safe?”  -  Lexology (registration)
In a ruling that could, if adopted by other courts, expose all pharmaceutical discount and rebate arrangements to anti-kickback liability, on August 23, 2016, Judge Rya Zobel in the United States District Court for the District of Massachusetts denied ...
Tue, 20 Sep 2016 14:50:07 GMT
Frazier Healthcare Partners adds Jain as an operating partner  -  PE Hub (subscription) (blog)
Mr. Jain most recently served as Senior Vice President and Head of Business Operations at Omnicare, Inc., a Fortune 500 healthcare services company. In this role, reporting directly to the CEO, he had full responsibility for operations, sales and ...
Wed, 14 Sep 2016 15:27:11 GMT
Why Pharmacy Services Will Drive CVS' Growth Going Forward  -  Trefis
CVS (NYSE:CVS), the market leader in the retail pharmacy sector, has consistently strengthened its offerings in recent years, particularly with its acquisition of Omnicare and Target's pharmacy division. The acquisition of Omnicare has helped CVS ...
Tue, 13 Sep 2016 06:33:57 GMT
Eleventh Circuit Ignores Omnicare in Rejecting Claim Based on Failure to Disclose True Motivations for Stock ...  -  Lexology (registration)
The 11th Circuit ignored the potential application of the Supreme Court's 2015 decision in Omnicare, and instead reached back to its own precedent dating from 1979, in holding that plaintiffs are foreclosed from bringing a claim that a company misled ...
Thu, 25 Aug 2016 00:23:56 GMT

Why PharMerica Soared 13.4% Today  -  Motley Fool
What: After reports that the company may be open to being acquired, shares in PharMerica Corporation (NYSE:PMC) rallied 13.4% today. So what: Weeks after announcing the retirement of its CFO and years after fighting off a takeover attempt by Omnicare, ...
Wed, 24 Aug 2016 20:37:29 GMT

Report: Louisville's Pharmerica may sell  -  Louisville Business First
Five years ago, the company got an unsolicited bid from Covington-based rival Omnicare Inc. Pharmerica officials said then that the offer was too low, and Omnicare was later shooed by the U.S. Federal Trade Commission over antitrust concerns ...
Wed, 24 Aug 2016 20:13:22 GMT
Omnicare Can't Kick Whistleblower's $421M FCA Suit  -  Law360 (subscription)
Law360, New York (August 24, 2016, 4:12 PM EDT) -- A Massachusetts federal judge on Tuesday refused to let Omnicare Inc. escape from two whistleblowers' False Claims Act suit accusing the health care company of entering into a six-year kickback ...
Wed, 24 Aug 2016 19:51:10 GMT

PharMerica (PMC) Stock Soars, Exploring Possible Sale  -  TheStreet.com
The company received an unsolicited takeover bid from rival pharmacy company Omnicare in 2011, but the FTC halted the buyout on antitrust grounds. Omnicare was later purchased by CVS Health (CVS) for $13 billion in 2015. PharMerica offers pharmacy ...