The world of pharmacy is littered with thousands of chains and hundreds of drugstores, but few have as much clout as the chain known as Eagle Pharmacy.
The chain was founded in 1978 by a single man, who went on to build it into a chain of more than 20,000 pharmacies across the United States and Canada.
Eagle is the only pharmacy chain that has a direct link to the U.S. government.
Eagle has a long history of drugstore consolidation and is one of the nation’s most influential pharmacies.
Now the chain is in its fifth generation.
The story of Eagle Pharmacies growth from a single individual and his chain began with the purchase of a pharmacy in 1972 by a man named John “Pete” Cochran.
The Cochran Pharmacy chain grew rapidly and eventually became the largest chain in the U and Canada with over 100,000 locations, according to the company.
The first store opened in 1978 and over the years, Eagle Pharmacists have built up a loyal following in the drugstore industry.
With its own pharmacy and pharmacy-branded products, Eagle has been a staple in the market for decades.
Today, the chain has more than 40 pharmacies across 25 states, with plans to expand to 50 by 2020.
The success of the chain was initially met with skepticism, as many believed it would be a cash cow for Cochran and his business partners.
However, with the addition of new pharmacy-brand products like aspirin, the Cochran brand has grown into a national brand and has grown in value by about $100 million a year, according the company’s website.
The new acquisition is a win-win for the company, which will gain additional pharmacy-related assets, according Cochran, who says he is excited to partner with Eagle Pharmans new management team and customers.
“The acquisition of Eagle is a huge win for our shareholders, our employees, our partners and for the entire pharmacy community,” Cochran said in a statement.
For the first time, the company has a CEO, said Cochran in a news release. “
I am pleased to welcome the Eagle team to our company as our new chief executive officer.”
For the first time, the company has a CEO, said Cochran in a news release.
“We believe that the acquisition of this asset will allow Eagle to continue to grow our brand and increase customer satisfaction.
We look forward to working with Eagle and our team to accelerate our transformation and accelerate the success of our business.”
Eagle also announced on its website that it is hiring a new Chief Pharmacy Officer.
“Today, we are excited to announce the appointment of a new leader to lead Eagle Pharm.
He will serve as a key member of our team as the brand transitions to an Eagle pharmacy, and will continue to work closely with our new Chief Executive Officer, John Cochran,” the statement reads.
The acquisition comes on the heels of a $1 billion investment by Cochran last month, which includes a stake in Eagle’s stock.
Eagle’s acquisition comes just one year after it completed the purchase and acquisition of two other pharmacy chains, one in Texas and one in Indiana, according a news report.
“While we remain committed to Eagle, we have seen the opportunities this acquisition brings to both our communities and to the healthcare industry,” said the company in a press release.
Cochran has also started a nonprofit called the Pharmacy Alliance of America to help make the industry more transparent and accountable.
Cochrans new leadership team includes former CEOs of the largest pharmacy chains in the United Kingdom, Canada and the U, as well as executives from companies like CVS Caremark and Rite Aid.
The company is also bringing on a new CEO to lead its international operations.
Cochrane is scheduled to become CEO of the new company on March 1.
For the most part, Cochran’s pharmacy chain has been successful at growing through acquisitions and acquisitions of small and medium-sized pharmacies, but the chain could be headed for a decline as more competitors enter the market.
“There is a lot of consolidation going on in the industry and we are not at the point where there is enough consolidation to keep up with the pace of change,” Cochrane said in an interview with CNNMoney.
“You have to look at consolidation as a tool to help us achieve the goal of getting to a level where we can take our brand back.”
The future of the pharmacy chain Cochrane founded in 1979 was based on the notion that drugstores should serve the needs of consumers, he said.
Cochrant said the chain began by building up its own inventory to sell the drugs it already owned.
“When I started this business, I had a great vision of having a pharmacy that would do what we did, and we did that for a long time,” he said in the interview.
“And we built it up to where it was one of our largest, most successful stores and it became very profitable.” The