pharmacy

NYSE

The owners of a Flint pharmaceutical company rang the bell on Wall Street Friday.

The company started in a Flint neighborhood pharmacy nearly 40 years ago.

Diplomat Pharmacy is now the nation’s largest specialty pharmaceutical company.   The company serves about one percent of the nation’s sickest patients by providing drugs for complex treatments for cancer, Crohn’s disease and other illnesses. 

Diplomat started trading its stock publicly on Friday.

sayanythingblog.com

LANSING, Mich. (AP) - Five years after Michigan voters legalized marijuana use for medical purposes, lawmakers say it's time patients can buy the drug at their corner pharmacy.

Legislation approved last week by a Senate committee would pave the way for the production and sale of "pharmaceutical-grade" cannabis. The measure would create a second medical pot system in Michigan that proponents say wouldn't interfere with the existing law under which patients can grow their own pot or obtain it from caregivers.

The change couldn't occur without federal approval.

Grand Rapids' "medical mile"
John Eisenschenk / Creative Commons

Another Michigan university is looking to take advantage of Grand Rapids’ medical mile. The area is known for the growing number of specialty hospitals, medical research facilities, and medical schools located there. Just a few months ago, Michigan State University opened a brand new skyscraper in Grand Rapids – a new home for its College of Human Medicine.