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CVS bought 200 Arbor Drugs locations in 1998, opened approximately 180 new stores, closed about 160 stores, and relocated nearly 200 existing stores from strip malls to freestanding locations. In 1999 CVS acquired Soma.com, the first online pharmacy , and renamed it CVS.com.
Arbor Drugs was a chain of drug stores based in Troy, Michigan. It was founded by Eugene Applebaum and Bruno Manni, when five stores owned by Applebaum and Sentry Drugs , founded by Bruno Manni, were renamed after Applebaum’s original Ann Arbor-based store.
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Perry Drug Stores was an American retail pharmacy chain founded in 1957 in the city of Pontiac, Michigan, United States.At its peak in the 1980s, Perry operated more than 200 drug stores, primarily in the state of Michigan, as well as 200 Auto Works auto parts stores and fourteen A. L. Price discount health and beauty aids outlets.
The University of Michigan began teaching pharmacy in 1868 within the College of Literature, Science and the Arts. Eight years later, on December 29, 1876, Albert B. Prescott established the university's School of Pharmacy, the nation's first school of pharmacy at a state university. As the first dean, Dr. Prescott introduced the concept of ...
CVS Specialty is the specialty pharmacy division that provides specialty pharmacy services for individuals with chronic or genetic diseases who require complex and expensive drug therapies. CVS Health operate 24 retail specialty pharmacy stores and 11 specialty mail order pharmacies, making them the largest specialty pharmacy in the United States.
The original company, called MedPartners Inc., was founded as a physician and pharmacy benefits management company in 1993. [1] It was founded in Birmingham, Alabama by former HealthSouth Corporation chief executive Richard Scrushy. [1] New Enterprise Associates was an initial investor in the company. [2] MedPartners went public in February ...