Amerita, an Irvine, Calif.-based, wholly owned subsidiary of institutional pharmacy services company PharMerica, has completed the acquisition of Coastal Pharmaceutical Services company InfusionRx, based in Oxnard, Calif. Financial terms of the transaction have not been disclosed.
InfusionRx provides a complete range of home infusion and pharmacy services, including home infusion therapies, pain management, nutritional therapies and specialty pharmacy services. The company serves patients in their homes, doctors’ offices and other non-hospital settings.
“This is an important milestone for both Amerita and PharMerica,” said Greg Weishar, PharMerica’s CEO. “InfusionRx advances Amerita’s market breadth and is consistent with our strategy to drive growth through acquisitions.”
Jim Glynn, CEO of Amerita, said, “InfusionRx will draw on Amerita’s scale and operational expertise to further bolster its specialty infusion capabilities in the greater Los Angeles area, the country’s second largest market.”