BNET Industries
Familymeds Group Inc. (FMRX) is in the Pharma Industry
- Revenue
- Dec 31 2005
- $216.1M
- Profit
- Dec 31 2005
- ($54.8M)
- Market Cap
- Jul 16 2008
- $1.3M
Latest News and Analysis
Ed Mercadante Named to Board of Directors
ST. PETERSBURG, Fla. -- MTS Medication Technologies, Inc. (AMEX:MPP) (www.mts-mt.com) announced today that Edgardo Mercadante has been named to its Board of Directors. Mr. Mercadante has extensive experience in the pharmacy industry. He is a registered pharmacist and began his career with Rite Aid Corporation. During the past...
Katz Group Canada
Katz Group Canada recently made two appointments, Russell Cohen as executive vice president, industry and government affairs and James Beaumariage as senior vice president of pharmacy services. Cohen most recently held the position of executive vice president of pharmacy services for Katz. Beaumariage joins Katz from Familymeds Group,...
Walgreens plays the acquisition game--selectively.(State of the Industry/The Chains)(acquistion)
DEERFIELD, Ill. -- Walgreen Co. has recently broken away from its policy of growth only through internal expansion, acquiring two smaller chains. Last June Walgreens acquired Newark, Del.-based Happy Harry's Inc. for what was said to be between $225 million and $250 million,...
Familymeds will sell assets to Walgreens.(Walgreen Co. to acquire assets of Familymeds Group Inc.)
DEERFIELD, Ill. -- Walgreen Co. is acquiring select assets of Familymeds Group Inc. for about $60 million. Walgreens is also assuming certain real estate leases for 53 company-owned pharmacies in 11 states. The transaction is expected to close in the second quarter. ...
Familymeds assets build Walgreens specialty Rx
DEERFIELD, Ill. -- Walgreens announced last month that it has reached an agreement to acquire certain assets from specialty pharmacy and medical specialty product provider Familymeds Group--a strategic move for Walgreens that clearly reflects its focus on growing the specialty pharmacy side of its business. Walgreens is acquiring...
Walgreens buys Familymeds assets.(FamilyMeds Group Inc.)(Brief article)
DEERFIELD, Ill. -- Walgreen Co. has agreed to acquire select assets of Familymeds Group Inc., a specialty pharmacy and medical specialty products provider based in Farmington, Conn. The terms of the agreement call for Walgreens to pay $60 million and assume certain real estate leases. ...
Walgreen buys 53 specialty pharmacies.(Business)
Byline: Janet Ahn Medill News Service In an effort to diversify its pharmacy distribution business to nonretail sites, Walgreen Co. announced plans Thursday to buy 53 pharmacies and other assets from Farmington, Conn.-based Familymeds Group Inc. The nation's largest drugstore chain...
Walgreen Co. to Acquire Select Assets of Pharmacy and Medical Specialty Product Provider Familymeds Group Inc
DEERFIELD, Ill. -- Walgreen Co. (NYSE:WAG) (NASDAQ:WAG) today announced it has reached an agreement to acquire select assets of Farmington, Conn.-based Familymeds Group Inc. (OTCBB:FMRX), a specialty pharmacy and medical specialty product provider. Walgreens is acquiring the assets for approximately $60 million, in addition to assuming certain real estate leases....
Familymeds narrows losses as revenue grows.(Business)(FamilyMeds Group Inc.)
FARMINGTON, Conn. -- Double-digit revenue growth and cost-cutting measures allowed Familymeds Group Inc., the successor to DrugMax Inc., to slash both its operating and net losses for the third quarter of fiscal 2006. An earlier onetime gain on the early extinguishment of debt edged the company...
Familymeds inks workplace Rx deal.(RX/NEWS)(Brief article)
FARMINGTON, Conn. -- Familymeds Group Inc. will operate a worksite pharmacy at at Toyota Motor Corp.'s new truck plant in San Antonio. The facility is expected to open at the start of next year. "We are pleased to work with Toyota...
MZ, IDT, KOG, CYCC, FMRX, TWTC Have Been Added To Naked Short List Today.
M2 PRESSWIRE-13 December 2006-BUYINS.NET: MZ, IDT, KOG, CYCC, FMRX, TWTC Have Been Added To Naked Short List TodayC1994-2006 M2 COMMUNICATIONS LTD RDATE:13122006 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short...
Familymeds to roll into new Toyota truck plant
FARMINGTON, Conn. -- Building upon its strategy to operate and locate Worksite Pharmacies for larger employers seeking to curb health care costs and offer employees greater accessibility and convenience, Familymeds Group has signed a deal with Toyota to operate a Worksite Pharmacy at the manufacturer s new truck plant in...
Dutton Associates Announces Investment Opinion: Familymeds Group Speculative Buy Rating Reiterated in Update Report by Dutton Associates
EL DORADO HILLS, Calif. -- Dutton Associates updates its coverage of Familymeds Group, Inc. (Nasdaq:FMRX), maintaining its Speculative Buy rating and a 12-month price target of $6.25. The 9-page report by Dutton Associates senior analyst Jonathan H. Ziegler, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg,...
Exploring the Future Trends of Familymeds Group, Inc.
M2 PRESSWIRE-21 November 2006-bellwetherreport.com: Exploring the Future Trends of Familymeds Group, IncC1994-2006 M2 COMMUNICATIONS LTD RDATE:21112006 Exploring the Future Trends of Familymeds Group, Inc (NASDAQ: FMRX) DrugMax hopes bricks and clicks bring it success. After its 2004 merger with...
Familymeds Group Inc. Against the Global Market.
M2 PRESSWIRE-21 November 2006-www.streetinvesting.com: Familymeds Group Inc. Against the Global MarketC1994-2006 M2 COMMUNICATIONS LTD RDATE:21112006 Streetinvesting.com is the author of this release. This release is a result of our current concentration on Familymeds Group Inc. (NASDAQ:FMRX) and their latest corporate developments...
Special item helps Familymeds turn a profit.(Business)(Familymeds Group Inc)
FARMINGTON, Conn. -- Although solid revenue growth enabled Familymeds Group Inc., the successor to DrugMax Inc., to reduce its operating loss for the second quarter and first half of fiscal 2006, it took a onetime gain on early debt extinguishment to move the bottom line into...
FMRX, FNT, JADE, MXC, EMED, LBTN Have Been Removed From Naked Short List Today.
M2 PRESSWIRE-21 September 2006-BUYINS.NET: FMRX, FNT, JADE, MXC, EMED, LBTN Have Been Removed From Naked Short List TodayC1994-2006 M2 COMMUNICATIONS LTD RDATE:21092006 www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold...
Dutton Associates Announces Investment Opinion: Familymeds Group Speculative Buy Rating In Initiating Coverage By Dutton Associates
EL DORADO HILLS, Calif. -- Dutton Associates initiates coverage of Familymeds Group (Nasdaq:FMRX) with a Speculative Buy rating and a $6.25 price target. The 24-page report by Dutton senior analyst Jon Ziegler, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading...
FMRXD, MXWL, NXXI, SPM, TNOG, FDMLQ Have Been Removed From Naked Short List Today.
M2 PRESSWIRE-14 September 2006-BUYINS.NET: FMRXD, MXWL, NXXI, SPM, TNOG, FDMLQ Have Been Removed From Naked Short List TodayC1994-2006 M2 COMMUNICATIONS LTD RDATE:14092006 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short...
FMRXD, FSBK, ISBL Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.
M2 PRESSWIRE-12 September 2006-BUYINS.NET: FMRXD, FSBK, ISBL Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading DaysC1994-2006 M2 COMMUNICATIONS LTD RDATE:12092006 BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short...
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- Incorporated: 1993
- CEO: Mr. Edgardo A. Mercadante
- Employees: 535
Familymeds Group is a pharmacy and drug distribution provider. Co. operates 77 pharmacies, including one home health center and one non-pharmacy mail order center, in 14 states under the Arrow Pharmacy & Nutrition Center, Familymeds Pharmacy, and Worksite Pharmacysm brand names. Co. works closely with doctors, patients, managed care providers, medical centers and employers to improve patient outcomes while delivering low cost and effective healthcare solutions. Co. offers a selection of branded and generic prescription and non-prescription pharmaceuticals, specialty injectables, generic biologics, compounded medicines, healthcare-related products and diagnostic products.
Key Competitors
Familymeds Group Inc. Company Info
Board of Directors
Mr. Edgardo A. Mercadante
Chairman
Dr. Philip Gerbino
Mr. Mark Majeske
Ms. Laura Witt
Mr. James E. Searson
Contact Information
312 Farmington Avenue
Farmington, CT
http://www.drugmax.com; www.familymeds.com
860 676-1222
NAICS Code
Drugs and Druggists' Sundries Merchant Wholesalers: 424210Brought to you by IBMSponsored Resources
