Ascendant Solutions, Inc.

Ascendant Solutions Announces the Sale of Medicine Man Pharmacies

Published in Drug Law Weekly, May 6th, 2008

Ascendant Solutions, Inc. (the "Company") (Pink Sheets:ASDS) announced that its Healthcare Subsidiary, Dougherty's Holdings, Inc., sold its Medicine Man pharmacies to Pharmacy Operations, Inc., a subsidiary of Medicine Shoppe International, on April 11, 2008. These stores will now operate under The Medicine Shoppe name.

The Company acquired the Medicine Man pharmacies through an acquisition of assets as part of Park Pharmacy Corporation's bankruptcy reorganization in March 2004. Since that time, the Company operated these three pharmacies in Alvin, Angleton and Santa Fe, Texas under the Company's healthcare segment. For the twelve months ended December 31, 2007, the...

Want to see the full article?

Purchase this article for only $3.00

We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.

Welcome to NewsRx!

Learn more about a six-week, no-risk free trial of Drug Law Weekly

Source: Drug Law Weekly (2008-05-06)

NewsRx is Social

Top Medical Newsletters

Awards

Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005

Facts & Stats

NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.

Google 2010 PageRank: #2 Among Top Health News and Media Publications
Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry