Monday, December 13, 2010
OKLAHOMA CITY — Graymark Healthcare announced Dec. 7 it has closed the sale of its ApothecaryRx retail pharmacy business to Walgreens. ApothecaryRx operated 18 pharmacies across five states.
The transaction allows Graymark to focus on its core business of providing comprehensive care for sleep disorders, primarily OSA, the company said in a release.
"Millions of Americans suffer from obstructive sleep apnea, and many aren't aware they have a problem or that treatment is available in their communities," said Stanton Nelson, Graymark chairman and CEO. "As a pure-play sleep disorders company focused primarily on obstructive sleep apnea, we believe Graymark is better able to help people sleep better."