We have a long track record representing pharmacy buyers and sellers, and will help you avoid common pitfalls that might arise in the process. The importance of hiring an attorney who is well-versed in the specialized area of buying and selling pharmacies is hard to overestimate. The process of transferring ownership of a pharmacy is highly regulated and is measurably more complex than the process of transferring almost any other small business. It involves multiple applications to the licensing authorities, Medicaid and Medicare, as well as tight coordination with suppliers, vendors, and other entities, on which the operation of a pharmacy depends. Most importantly, it requires the attorneys to know the intricacies and have a deep understanding of the business of operating an independent pharmacy.
We have successfully represented numerous independent pharmacy owners in pharmacy sales, individuals and corporations buying assets of existing pharmacies, pharmacy owners selling files and goodwill to chain pharmacies, institutional pharmacies, specialty pharmacies and pharmacy owners selling, acquiring or redistributing ownership interest in pharmacy businesses. In most cases, we are able to offer pharmacy buyers and sellers the efficient representation at a moderate flat rate.