Drafting and negotiating purchase and sale agreements
Conducting due diligence, including all aspects of pharmacy operations and past conduct that might result in audits and investigations
Obtaining necessary permits and licenses, notifications and enrollments with PBMs, Medicaid, and Medicare
Handling lease, employment, taxation and other matters arising in the context of pharmacy transactions
Advising on pharmacy transactions involving intellectual property, valuation, and impairments due to audits and investigations
Pharmacy Purchases & Sales
Practice Area Contact:
Kristina Giyaur
AT A GLANCE
MDRXLaw – Sauchik & Giyaur, P.C. brings over forty years of combined expertise in pharmacy mergers and acquisitions, representing buyers and sellers in the highly regulated and complex pharmacy transaction landscape. Our specialized knowledge encompasses the unique regulatory requirements of pharmacy ownership transfers, including coordinating multiple applications with state boards, Medicaid, Medicare, and PBMs, while managing critical relationships with suppliers, vendors, and operational stakeholders. We have successfully facilitated diverse transactions including asset purchases, goodwill and file sales to chain and specialty pharmacies, ownership interest redistributions, and complex institutional pharmacy deals. With deep understanding of independent pharmacy operations and proven ability to navigate common transaction pitfalls, we provide comprehensive legal representation—typically at competitive flat rates—ensuring smooth closings and protecting client interests throughout the buying or selling process.
OUR EXPERIENCE
MDRXLaw – Sauchik & Giyaur, P.C., distinguished by over forty years of combined legal expertise in the area of pharmacy transactions, specializes in representing both buyers and sellers within this intricate, highly specialized, and unique realm. Our commitment extends beyond legalities; our goal is to guide you through the entire process, ensuring a smooth journey while adeptly avoiding common pitfalls that may arise.
The importance of engaging an attorney well-versed in the nuances of buying and selling pharmacies cannot be overstated. The transfer of pharmacy ownership stands out for its highly regulated nature, presenting complexities beyond the scope of typical small business transfers. Our approach involves navigating multiple applications to licensing authorities, Medicaid, Medicare, and PBMs, accompanied by meticulous coordination with essential stakeholders such as suppliers, vendors, and entities crucial to pharmacy operations. Crucially, our attorneys possess profound knowledge of the intricacies involved in operating an independent pharmacy.
Our distinguished track record is a testament to our success in representing a diverse clientele, including independent and institutional pharmacy owners. We have facilitated various pharmacy transactions, ranging from individuals and corporations acquiring assets of existing pharmacies to aiding pharmacy owners in selling files and goodwill to chain pharmacies, institutional pharmacies, and specialty pharmacies. Additionally, we excel in assisting pharmacy owners with selling, acquiring, or redistributing ownership interests in pharmacy businesses.
Our expertise extends to handling complex, large transactions that demand seamless collaboration among professionals and impeccable resource allocation. In most instances, we take pride in offering efficient representation to both pharmacy buyers and sellers, all at a reasonable flat rate. Trust MDRXLaw – Sauchik & Giyaur, P.C. for comprehensive legal support tailored to the unique challenges of pharmacy transactions.
contact
17 State Street, Suite 3230
New York, NY 10004Phone: (212) 668-0200
Fax: (212) 668-0222
General email: info@mdrxlaw.com