Kroger to Sell Specialty Pharmacy Business to Elevance Health’s CarelonRx

Grocer Kroger said on Monday it had entered a definitive agreement for the sale of its specialty pharmacy business to CarelonRx, a unit of U.S. health insurer Elevance Health. The retailer’s specialty pharmacy business serves patients with chronic illnesses that require complex care. Kroger Specialty Pharmacy is separate from other Kroger Family of Pharmacies, including in-store retail pharmacies and The Little Clinics, which are not included in the deal.

Read the full article: Kroger to Sell Specialty Pharmacy Business to Elevance Health’s CarelonRx //

Source: https://www.reuters.com/markets/deals/kroger-sell-specialty-pharmacy-business-elevance-healths-carelonrx-2024-03-18/

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