UnitedHealth has bought another billion-dollar pharmacy business

UnitedHealth Group Inc. ’s Optum business has disclosed it bought Avella Specialty Pharmacy, a previously unannounced deal that closed in the third quarter. The Minnetonka-based health care giant revealed the acquisition in an earnings announcement Tuesday. Phoenix-based Avella distributes specialty drugs, which typical ly are high-cost and treat complex conditions.  UnitedHealth didn’t disclose terms of the deal, which will bring Avella under the umbrella of the United's OptumRx pharmacy-benefits…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news