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In the second quarter of 2005, the company recorded a $19.7 million US foreign exchange loss on items related to the Eckerd acquisition. On August 24, 2006, Rite Aid announced that it would acquire 1,858 Jean Coutu's Eckerd and Brooks U.S. operations for $1.45 billion in cash and issuing stock, giving Jean Coutu a 32% equity stake in Rite Aid. [6]
Cumberland Drugs was a pharmacy chain that operated stores in Quebec (with majority of them in the Montreal area) and Eastern Ontario.Founded in 1967, [1] Cumberland Drugs was sold in 1997 upon the retirement of Morrie Neiss (none of his heirs were interested in carrying on the family business), selling most stores to Jean Coutu, Uniprix and Essaim/Obonsoins (now Proxim).
Jean Coutu founded the Marcelle and Jean Coutu Foundation which mainly supports numerous causes such as poverty, women and child abuse, education, and the fight against drug addiction in Canada. [4] It has contributed to multiple organizations, including: Autism research [5] Centraide [6] Fondation Le Pilier [7] Mira [8] Moisson Montréal [4 ...
Alpha Beta grocery store was purchased by American Stores in 1961. Skaggs Drug Centers bought American Stores in 1979 and assumed the American Stores name. Sav-on Drugs was a California-based pharmacy chain that was acquired by Osco's parent company in 1980.
The Health Sciences Centre (HSC), located in Winnipeg, is the largest health-care facility in Manitoba and one of the largest hospitals in Canada. It serves the residents of Manitoba, Northwestern Ontario , and Nunavut as both a teaching hospital and as a research centre .
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Morris Goodman studied pharmacy at University of Montreal, in the same class as Jean Coutu. He completed his studies in 1953, at the age of 21. While he was still in university, he founded his first pharmaceutical distribution company with a friend: Winley-Morris. [21] After graduating, Dr. Goodman became interested in the industrial side of ...
Winnipeg General Hospital, c. 1913.The building is now part of the Health Sciences Centre.. Hospitals and health centres in Manitoba are under the purview of the provincial government's Department of Health and Seniors Care.