Lutz Pharmacy sells to Astrup Drug

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ALTOONA, Iowa — Lutz Pharmacy and Professional Compounding of Altoona has announced that it is selling to Astrup Drug Inc. of Austin. based in Austin.

Since 1974, Lutz Pharmacy has served the needs of Altoona and the Des Moines metro area. In the early 1980s, owners Gene & Susan Lutz began serving long-term care facilities and the needs of their patients. In 2007 they added a second pharmacy (Lutz Long Term Care Pharmacy) to focus on the long-term care side of their business.

The addition of Lutz Pharmacy will become Astrup’s 13th location. Astrup has pharmacies in southern Minnesota and northern Iowa, operating under the names of Sterling and Smart Pharmacy including: Adrian, Albert Lea, Austin, Buffalo, Byron, Fairmont, Faribault, Hastings, Owatonna, Worthington (all in Minnesota) and Osage, Iowa.

“The acquisition of Lutz Pharmacy and Professional Compounding and Lutz Long Term Care expands our ability to serve long term care facilities and provides us with an opportunity to add a more robust compounding practice,” said Tim Gallagher, COO at Astrup Drug Inc., in a press release.

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