Waiting on Diplomat Pharmacy to Rebuild [The Motley Fool]
DIPLOMAT PHARMACY INC (DPLO)
Last diplomat pharmacy inc earnings: 11/12 07:30 am
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US:NYSE Investor Relations:
ir.diplomat.is/investors/default.aspx
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Source: The Motley Fool
Waiting on Diplomat Pharmacy to Rebuild It'll be a few months before the company can secure new clients for its pharmacy benefit manager business. Diplomat Pharmacy ( NYSE:DPLO ) started off its rebuilding year with mediocre revenue, which was to be expected after its specialty pharmacy business ran into stiff competition and the pharmacy benefit manager (PBM) business lost quite a few clients . With most potential clients on a Jan. 1 start date, investors will have to wait until later in the year to hear about a potential rebound. Data source: Diplomat Pharmacy. Diplomat's CEO and chairman Brian Griffin highlighted the infusion business as one of the shining spots for the company: "Within our infusion therapeutic area, Diplomat continues to be successful and partnering with major health plans as a specialty infusion partner, and in 2019 is on track to sign more participating provider agreements than in 2018. We continue to observe strong performance in this area and remain positive
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