Blake Pharmacy sells to PharMerica
By HME News Staff
Updated 8:53 AM CDT, Wed September 27, 2023
WAYNE, Pa. - Blake Pharmacy has sold to PharMerica, a national provider of pharmaceutical services, according to Paragon Ventures. Blake Pharmacy has established a strong presence in Florida and its sale to PharMerica will allow it to leverage resources, infrastructure and advanced technology platforms. “We are proud to join forces with PharMerica and embark on this exciting new chapter,” said Ashish Patel, founder and CEO of Blake Pharmacy. “By integrating our strengths and capabilities, we will be able to offer an expanded range of services to our valued patients.” The acquisition of Blake Pharmacy contributes to PharMerica’s growth and diversification and expands its footprint in Florida. PharMerica operates more than 180 long-term care, home infusion and specialty pharmacies in all 50 states. Paragon’s advisory team was led by Scott Fife, vice president.
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