Walgreens acquires assets of Pharmaca buyer
Medly’s Boulder stores to close Feb 25
In a deal that will result in the closure of the former Pharmaca Integrative Pharmacies, drugstore giant Walgreens has acquired the core business of Medly Health Inc. – the digital-pharmacy company that purchased Boulder-based Pharmaca in June 2021 and then filed for bankruptcy two months ago.
According to a Tuesday filing in the U.S. Bankruptcy Court for the District of Delaware, Walgreen Inc. — the Deerfield, Illinois-based subsidiary of holding company Walgreens Boots Alliance (Nasdaq: WBA) — will pay $19.35 million in cash for Medly’s prescription files, pharmacy inventory and intellectual property, including its trademarks and logos.
In a statement issued…
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