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Allion Healthcare
Allion Healthcare Inc. was the parent company of MOMSpharmacy based in Melville, New York primarily known for providing mail order HIV medications to patients who are primarily on Medicaid or the AIDS Drug Assistance Program (ADAP). Among the offerings is the MOMSPak in which the drugs are packed together in dated individual packages to make the multi-drug regimen easier. The company reported having 15,610 patients in 2007. The company has distribution centers in New York, California, Florida, New Jersey, and Washington.
History
The company was founded in 1983 as The Care Group and changed its name to Allion in 1999 after emerging from bankruptcy. The company has an agreement with Roche Laboratories for pricing discounts in exchange for providing blind patient data on Fuzeon medication. In November 2007 Company signed an exclusive distribution agreement with Galea Life Sciences for Nutraplete, the first therapeutic dietary supplement designed specifically for people living with HIV/AIDS. The company was listed on NASDAQ on the ticker symbol ALLI. On January 13, 2010, the company closed on being acquired by the private equity firm HIG Capital for $6.60/share in a deal valued at $278 million.
2012 indictment
On April 4, 2012, the New York Attorney General Eric T. Schneiderman charged four people associated with the company in a Money Laundering & Bribery Scheme claiming the company sold blackmarket drugs "of unknown origin and potency, and in some cases, drugs that were mislabeled or potentially expired." According to the complaint: To date none of such has been proven. The indictment said at least $155 million in false claims were associated with the charge.
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