In Brief: Dura Pharmaceuticals
Executive Summary
Dura Pharmaceuticals: Adds mail-order capacity as San Diego-based respiratory products firm signs definitive agreement to acquire Denver-based Health Script and its affiliates, which dispense respiratory products via mail-service. Health Scripts, according to Dura, had 1994 revenues of $8 mil. and provides mail-service prescription products, primarily nebulized solutions, to approximately 20,000 patients. Dura is purchasing the company through an undisclosed combination of cash and warrants. Health Script will remain in Denver and its two principals, President and founder Curtis Telley and VP-Sales Thomas Erlandson, are staying on board...