40.1M PARMED SALE SAVES 120 JOBS

An Ohio-based health services giant has agreed to purchase a Niagara Falls pharmaceutical supplier for $40.1 million in a move that is expected to retain 120 jobs and could bring expansion. Cardinal Health, a company built as a pharmaceutical wholesaler, will buy ParMed Pharmaceuticals, 4220 Hyde Park Blvd., from Alpharma Inc., officials announced Wednesday.
Tonawanda News