Danam Health, Inc. Announces Acquisition of Wood Sage, LLC

Danam is excited to announce that it has completed its definitive acquisition of Wood Sage. This acquisition formally brings Alliance Pharma Solutions, LLC (“APS”), including the DelivMeds tech & hub platform, and Community Specialty Pharmacy, LLC (“CSP”) into the Danam Health portfolio of solutions. The Wood Sage acquisition is critical to Danam’s major proof of concept initiative with a leading centralized specialty pharmacy that is transferring hundreds of transplant and HIV patients to Danam, utilizing its model of locally-owned independent pharmacies to care for these patients. On Tuesday, June 11, 2024, Assure Holdings Corp. (“Assure”), unexpectedly and without any warning, provided Danam a notice of termination and subsequently issued a Form 8-K with the SEC on June 12, 2024 in which Assure purported to terminate the merger agreement between Danam and Assure.

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Source: https://www.globenewswire.com/news-release/2024/06/17/2899586/0/en/Danam-Health-Inc-Announces-Acquisition-of-Wood-Sage-LLC.html

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