Acquisitions to dramatically expand compounding business
On March 6, 2015, ScripsAmerica announced its intention to acquire an equity interest in two additional specialty pharmacy businesses, which would increase the number of states in which the company can provide compounding to 40. As we noted during our initiation report on ScripsAmerica in December, we envision the specialty pharmacy division underpinning strong growth for ScripsAmerica for years to come. The company's Main Avenue unit can only provide compounding distribution in approximately ten states, so the proposed acquisitions have the potential to make a major impact on the specialty pharmacy business by increasing its geographic reach fourfold. Read entire report here
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