Elevance Health to Acquire BioPlus Specialty Pharmacy

November 9, 2022

Elevance Health announced it entered into an agreement to acquire BioPlus, a comprehensive specialty pharmacy that provides services for complex and chronic conditions such as cancer and autoimmune diseases. The deal is expected to close in the first half of 2023 and will integrate BioPlus into Elevance Health’s pharmacy benefit manager, IngenioRx, within its Carelon healthcare services brand.

Buyers
Elevance Health
Targets
BioPlus
Sellers
CarepathRx (portfolio company of Nautic Partners)
Location
United States
Transaction Type
Buyout

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