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Allion Healthcare (NASDAQ: ALLI) is the parent
company of MOMSpharmacy based in Melville, New
York primarily known for providing mail order HIV medications to patients who are primarily on Medicaid or the AIDS Drug
Assistance Program (ADAP).
Among the offerings is the MOMSPak in which the drugs are packed
together in dated individual packages to make the multi-drug
regimen easier.[4]
The company reported having 15,610 patients in 2007.
The company has distribution centers in New York, California, Florida, New Jersey, and Washington.
The company was founded in 1983 as The Care Group and changed
its name to Allion in 1999 after emerging from bankruptcy.[5][6]
The company has an agreement with Roche
Laboratories for pricing discounts in exchange for providing
blind patient data on Fuzeon medication. In November 2007 Company
signed an exclusive distribution agreement with Galea Life Sciences
for Nutraplete, the first therapeutic dietary supplement designed
specifically for people living with HIV/AIDS.[7]
Allion Healthcare has entered into a definitive merger
agreement with HIG Capital.(18-Oct-09) Allion acquired and
taken private by an affiliate of HIG Capital, in a transaction
valued at approximately $278m, including the assumption or
repayment of approximately $79m of indebtedness. Allion
stockholders would receive $6.60 per share in cash, representing a
premium of 30.2% over Allion’s average share price for the five
trading days prior to the execution and public announcement of the
transaction. [8]
References
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Melville, New
York, United States of
America
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