Comment on Mercer Island-based CarepathRx to acquire part of pharmacy subsidiary for $400M

Mercer Island-based CarepathRx to acquire part of pharmacy subsidiary for $400M

CarepathRx, a Mercer Island-based pharmacy management company, announced its plans to acquire part of the specialty pharmacy operations of Chartwell, a subsidiary of UPMC of Pittsburgh, in a deal valued at $400 million. UPMC will become a strategic investor in CarepathRx as part of the acquisition. "Our partnership with UPMC and Chartwell is an important step for CarepathRx," CarepathRx CEO and founder John Figueroa said in a press release.

 

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