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Elevance Health Completes Acquisition of Paragon Healthcare, Inc.

Elevance Health, a health insurance provider, has closed on its acquisition of Paragon Healthcare, Inc., a company specializing in infusible and injectable therapies. Faegre Drinker provided legal counsel to Elevance Health throughout the acquisition of Paragon Healthcare, Inc., that now operates as part of CarelonRx, which is the pharmacy services segment within Elevance’s health services division Carelon.

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