UnitedHealthGroup subsidiary gobbles up Avella Specialty Pharmacy
UnitedHealth Group Inc.'s OptumRX subsidiary has acquired Phoenix-based Avella Specialty Pharmacy.
The Minnetonka, Minnesota-based insurance giant announced the acquisition in its third-quarter 8-K filing with the U.S. Securities and Exchange Commission. Avella was bought along with Renton, Washington-based Genoa Healthcare. Terms of the deals were not disclosed.
Avella's roots date back to Ma y 1996, when pharmacist John Musil bought a local pharmacy before the age of 26. He immediately changed…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Angela Gonzales Source Type: news