Friday, December 08, 2006

Internet drug firms' merger now permanent

Here's the official verification regarding the closing of Minnedosa's best known business. I don't really know how this is considered a merger. It sounds more like a takeover.

From the Winnipeg Sun:
Winnipeg-based Canada Drugs is absorbing the operations and patient files of rival Internet pharmacy RxNorth.com, a company spokesman said yesterday.

The Manitoba companies explored the possibility of merging during a recent test run that saw Canada Drugs take over RxNorth's distribution of prescription drugs.

"After the last couple of months it looks like this is going to work so the parties have decided ... to have RxNorth continue to operate but as part of the CanadaDrugs.com group of companies," Canada Drugs spokesman and lawyer Troy Harwood-Jones said. ...more

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