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Omnicare (OCR)Stock (Drug Stores Industry, Pharma & Healthcare Industry, Retail Industry)Omnicare (NYSE:OCR) is a leading pharmaceutical services company which provides medicines to the elderly who live in nursing homes and assisted-living centers.
[edit] Business OverviewThe Company operates in two divisions: Pharmacy Services and Contract Research. [edit] Pharmacy ServicesOCR basically purchases prescription and non-prescription medication according to physician orders, and delivers these medicines to long-term care where senior citizens live. OCR uses a unit-of-use drug distribution system, where prescriptions are packaged for dispensing in individual doses. This is different from prescriptions filled by retail pharmacies such as CVS (CVS) or Walgreen Company (WAG), usually sell medicines in a bottle or in bulk. Unit-of-use drug distribution system is designed to make sure that patients take the right dose, at the right time. [edit] Contract Research Organization (CRO)CRO segment provides product development and research services pharmaceutical, biotech, and medical devices companies.
OCR 2006 Annual Report[1] OCR 2006 Annual Report[2] [edit] Trends and Forces[edit] Market ShareOmnicare has roughly 50% market share in the institutional pharma market. [edit] Competition
Omnicare2004 Data 2005 Data 2006 Data 2007 Data 2008 Data Most Recent Data Available
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