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Cardinal diversifies with Kinray deal
DUBLIN, Ohio — Say goodbye to Kinray, the service-obsessed regional drug wholesaler. But say hello to a more muscular and diversified Cardinal Health.
The wholesale and health services giant announced Nov. 18 it will buy Kinray for $1.3 billion. The buyout, set for completion in early 2011, will be a boon to Cardinal, boosting its customer base to more than 7,000 independent drug stores, extending its reach in the Northeast and adding scale versus its wholesale rivals, McKesson and AmerisourceBergen.
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PDX, HDS fuse automation, data with verification tool
FORT WORTH, Texas — Blending the power of one of the most widely used pharmacy automation systems with a massive database of prescribing physicians, two major pharmacy technology providers have unveiled a new partnership designed to give dispensing pharmacists immediate access to real-time prescriber data.
Retail pharmacy technology provider PDX and Healthcare Data Solutions announced the alliance in November. The goal, according to both companies, is to link users of the PDX Pharmacy System with a real-time prescriber verification process.