US firm Salveo Specialty gains $19m VC to grow specialty pharmacy network
This article was originally published in Scrip
Executive Summary
Salveo Specialty Pharmacy, a private company based in Saint Petersburg, Florida which was formed to acquire and develop specialty pharmacies throughout the US, has completed a Series A initial funding for its initial acquisition, Echo Specialty Pharmacy services in New York City. According to Dow Jones VentureWire, the three backers, Three Arch Partners, NewSpring Capital and Petra Capital Partners, put in $19 million.