PharMerica Corp (PMC.N)
5 Dec 2016
By Brendan Pierson A federal judge has dismissed a whistleblower lawsuit accusing pharmacy services giant PharMerica Corp of paying kickbacks to nursing homes in exchange for prescription drug referrals, finding the whistleblower's complaint rested entirely on public documents.
* Sees FY 2016 revenue in range of $2.051 billion to $2.091 billion
Aug 24 PharMerica Corp, a U.S. pharmacy manager for long-term care facilities, is exploring strategic alternatives, including a potential sale, according to people familiar with the matter.
A terminated employee cannot sue a pharmacy service provider for age discrimination based on its "sloppy management or arbitrary decision making," a federal appeals court ruled on Friday.
* Pharmerica Corporation announces planned retirement of chief financial officer david w. Froesel, jr.
* Q2 revenue $519.6 million versus I/B/E/S view $508.3 million