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Article: Capstone Pharmacy Services acquires Pharmacare, Inc.; acquisition will add $5,500,000 in revenue.
- Article from:
- Business Wire
- Article date:
- April 4, 1997
CopyrightCOPYRIGHT 1997 Business Wire. 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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IRVING, Texas--(BUSINESS WIRE)--April 4, 1997--Capstone Pharmacy Services, Inc. (Nasdaq NM Symbol:DOSE), a leading provider of institutional pharmacy services to long-term care facilities throughout the United States, today announced that it has acquired the assets of PharmaCare, Inc., adding $5,500,000 in revenue. Located in Vinton, Virginia, PharmaCare, Inc. provides institutional pharmaceutical services in the state of Virginia.
Dirk Allison, President and Chief Executive Officer of Capstone, stated, "PharmaCare, Inc. is a well-respected company that will provide us with our initial entry into the state of Virginia. This acquisition is reflective of our ...
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