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Omnicare Inc. (OCR) is in the Retail Industry

Revenue
Dec 31 2007
$6.2B
Profit
Dec 31 2007
$114.0M
Market Cap
Sep 04 2008
$3.6B

Latest News and Analysis

Additional Resources

  • Omnicare Reports Second Quarter Results

    - Quarterly Revenues and Adjusted Diluted EPS Exceed Expectations - - Quarterly Operating Cash Flow Continues Strong - - Revised Earnings Guidance Reflects Favorable Performance - COVINGTON, Ky. -- Omnicare, Inc. (NYSE:OCR), one of the nation's leading providers of pharmaceutical care for the elderly,...

    Articles 2008-07-31

  • Research and Markets: The Institutional Pharmacy Market is Dominated by Omnicare and Pharmerica, Who Combine to Serve Approximately Half of the Market

    DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/08dd92/institutional_phar) has announced the addition of the "Institutional Pharmacies Market Overview 2007" report to their offering. Institutional pharmacy describes the range of services provided by pharmacists to residents of nursing homes, hospitals, or hospice environments. In their role as medication therapy experts,...

    Articles 2008-07-28

  • Private Hospitals & Clinics - Portfolio Analysis Available Now for your Specialised Research

    DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/d1b0ee/private_hospitals) has announced the addition of the "Private Hospitals & Clinics UK - Portfolio Analysis" report to their offering. The Plimsoll Portfolio Analysis - Private Hospitals & Clinics is a comprehensive evaluation of the UK market. The revised and...

    Articles 2008-07-04

  • Omnicare to Release Second-Quarter Earnings and Hold Conference Call on Thursday, July 31, 2008

    COVINGTON, Ky. -- Omnicare, Inc. (NYSE:OCR) will release its financial results for the second quarter ended June 30, 2008, on Thursday, July 31, 2008, before the opening of trading on the New York Stock Exchange. Omnicare will hold its quarterly conference call to discuss second...

    Articles 2008-07-02

  • Omnicare to Present at the Jefferies 2nd Annual Healthcare Conference

    COVINGTON, Ky. -- Omnicare, Inc. (NYSE:OCR), the nation's leading provider of pharmaceutical care for the elderly, announced today that it will participate in the Jefferies 2nd Annual Healthcare Conference on June 24 at 10:45 a.m. ET in New York, New York. Presenting for Omnicare will be Joel...

    Articles 2008-06-20

  • Mergent, Inc. Announces Quarterly Rebalancing of HealthShares™ Indexes

    NEW YORK, June 17 /PRNewswire/ -- Mergent, Inc., administrator for the HealthSharesTM Indexes, a series of 20 underlying indexes for the HealthSharesTM Exchange Traded Funds, today announced the quarterly rebalancing of the Indexes. The following securities will be added and deleted in the Indexes effective before...

    Articles 2008-06-17

  • Omnicare to Present at the Goldman Sachs Global Healthcare Conference

    COVINGTON, Ky. -- Omnicare, Inc. (NYSE:OCR), the nation's leading provider of pharmaceutical care for the elderly, announced today that it will participate in the Goldman Sachs Global Healthcare Conference on June 11 at 3:20 p.m. PT at the Ritz Carlton Laguna Niguel in Dana Point, California. Presenting...

    Articles 2008-06-09

  • Walgreen to pay $35 million in drug switching

    Walgreen Co. has agreed to pay $35 million to settle claims that it improperly switched patients' prescription drugs to more expensive ones in order to increase its reimbursement from Medicaid, the U.S. Justice Department announced yesterday. New Jersey and Pennsylvania will receive part of the money from the case,...

    Articles 2008-06-05

  • Walgreens Pays $35 Million, Settles Pharmacist-Whistleblower Qui Tam Drug Switching Allegations

    Third National Pharmacy Settles Drug Switching Allegations; $120 Million Total Recovered For Federal and State Taxpayers This complete Settlement News Release is available at http://www.PharmacyFraudSettlement.com CHICAGO, June 4 /PRNewswire/ -- Walgreens today became the third national pharmacy to settle drug switching allegations...

    Articles 2008-06-04

  • Counseling the Board of Directors of a Delaware Corporation in Distress

    Directors of a Delaware corporation have a statutory duty to direct the management of the business and affairs of the corporation.2 That is a proactive mandate that contemplates full engagement by directors.3 In carrying out that duty, directors are generally protected by the business judgment rule if they are...

    Articles 2008-06-01

  • Omnicare Holds Annual Stockholders' Meeting

    COVINGTON, Ky. -- Omnicare, Inc. (NYSE:OCR), a leading provider of pharmaceutical care for the elderly, today held its Annual Meeting of Stockholders. At the meeting, Omnicare stockholders elected the nine directors who stood for election to the Company's Board of Directors to serve until the 2009 Annual Meeting...

    Articles 2008-05-23

  • Omnicare Declares Quarterly Cash Dividend

    COVINGTON, Ky. -- The Board of Directors of Omnicare, Inc. (NYSE:OCR), a leading provider of pharmaceutical care for the elderly, declared today a quarterly cash dividend of 2.25 cents per share on its common stock. The dividend is payable June 23, 2008 to stockholders of record on June 13, 2008....

    Articles 2008-05-23

  • Omnicare Appoints John T. Crotty as Non-Executive Chairman of the Board of Directors

    COVINGTON, Ky. -- Omnicare, Inc. (NYSE:OCR), one of the nation's leading providers of pharmaceutical care for the elderly, today announced the appointment of John T. Crotty as the new non-executive Chairman of its Board of Directors. Joel F. Gemunder, Omnicare's president and chief executive officer, said, "John has...

    Articles 2008-05-23

  • Omnicare to Present at the Bank of America Healthcare Conference

    COVINGTON, Ky. -- Omnicare, Inc. (NYSE:OCR), one of the nation's leading providers of pharmaceutical care for the elderly, announced today that it will participate in the Bank of America Healthcare Conference on May 13 at 4:40 p.m. PT at the Four Seasons Hotel in Las Vegas, Nevada. Presenting for Omnicare...

    Articles 2008-05-09

  • Omnicare Reports First Quarter Results

    - Quarterly Revenues and Adjusted Diluted EPS Exceed Expectations - - Quarterly Operating Cash Flow Reaches $142 Million - COVINGTON, Ky. -- Omnicare, Inc. (NYSE:OCR), one of the nation's leading providers of pharmaceutical care for the elderly, today reported financial results for its first quarter ended...

    Articles 2008-05-08

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  • Incorporated: 1981
  • CEO: Mr. Joel F. Gemunder

Omnicare is a geriatric pharmaceutical services company that provides pharmaceuticals and related ancillary pharmacy services to long-term healthcare institutions. Co. also provides operational software and support systems to long-term care pharmacy providers across the U.S. In addition, Co. provides pharmaceutical distribution and product support services for specialty pharmaceuticals. Further, Co. provides product development and research services for the pharmaceutical, biotechnology, medical device and diagnostic industries in 30 countries worldwide. At Dec 31 2007, Co. operated in two business segments: Pharmacy Services and Contract Research Organization services.

Key Competitors

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Omnicare Inc. Company Info

Board of Directors

Mr. Joel F. Gemunder

Mr. John T. Crotty

Ms. Sandra E. Laney

Dr. Andrea R. Lindell Ph.D., R

Mr. John H. Timoney

Ms. Amy Wallman

Mr. Jeffrey W. Ubben

Mr. Steven J. Heyer

Mr. James D. Shelton

Contact Information

1600 RiverCenter II

100 East RiverCenter Boulevard

Covington, KY

http://www.omnicare.com

859 392-3300

NAICS Code

Pharmacies and Drug Stores: 446110
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