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Article: Parent company of Jewett Drug sold.
- Article from:
- American News (Aberdeen, SD)
- Article date:
- September 30, 2005
CopyrightCOPYRIGHT 2005 American News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Scott Waltman
Sep. 30--A new company now owns Aberdeen's Jewett Drug Co.
In 1999, D&K Healthcare Resources of St. Louis purchased Jewett Drug from Harvey Jewett IV of Aberdeen. Now, health care giant McKesson Corp., based in San Francisco, has acquired D&K.
Jewett said the transaction shouldn't impact the Aberdeen business, which is a pharmaceutical distribution center with a mail-order pharmacy program. Jewett Drug will remain open and maintain between 40 and 50 employees as it does now, Jewett said. He said he now has no formal relationship with McKesson, but will make sure Jewett Drug and its employees won't be hurt by the ...