"With 40% of our revenues now in Part D, Omnicare represents one of the more direct investments in Medicare Part D." That is how Omnicare Inc. CEO Joel Gemunder prefaced a discussion of the new drug benefit program during an appearance by the long-term care pharmacy provider at the Goldman Sachs health care conference June 15.
On one level, Gemunder’s description of the company is a simple acknowledgement of the realities facing investors in the stock....
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Pink Sheet for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?