Tuesday, December 2, 2014

And the Game is On: Imprimis Acquires second Pharmacy: South Coast Specialty

Douglas W. House, SA News Ed...
  • In a all-stock transaction, Imprimis Pharmaceuticals (IMMY) acquires South Coast Specialty Compounding. As part of the transaction, Park signs a license agreement allowing it to immediately begin making and dispensing Imprimis' ophthalmology and urology formulations in the 13 states where it is currently licensed, including CA, NV, OR and HI.
  • Park will generate almost $4M in top line revenue in 2014.
  • Imprimis acquired its first pharmacy, Pharmacy Creations, LLC, in April 2014.
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IMMY price at time of publication: $8.40. Check IMMY price now »
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