FTC Says Cardinal Health Must Sell Pharmacies

Law360, New York (July 21, 2011, 7:08 PM EDT) -- Cardinal Health Inc. agreed Thursday to sell a trio of its nuclear pharmacies in Las Vegas, Albuquerque, N.M., and El Paso, Texas, in a settlement with the Federal Trade Commission over the health care company's acquisition of Biotech Pharmacy Inc.

The regulator said in its announcement of the settlement that Cardinal must reconstitute and sell the three pharmacies it gained in its July 2009 acquisition of various assets from Biotech, resolving the agency's charges against Cardinal.

The Dublin, Ohio-based Cardinal's purchase of the Biotech assets served...
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