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United Drug Notice

20th Oct 2011 16:51

RNS Number : 5748Q
United Drug PLC
20 October 2011
 

United Drug plc 

Dublin and London, 20 October 2011: United Drug plc ("United Drug") today announced that cash consideration of £8.2 million has been agreed for the purchase by Medco Health Solutions, Inc. of United Drug's entire 50 percent shareholding in their UK homecare joint venture. United Drug will also continue to provide various services, including nursing and logistics services, to the UK homecare company.

ENDS

About United Drug plc

Listed on the Stock Exchanges in London and Dublin, United Drug is a leading international provider of services to healthcare manufacturers and pharmaceutical retailers, with operations in the UK, Ireland, The Netherlands, Belgium, Sweden and the USA.

 

The Company operates across three divisions, Sales, Marketing & Medical, Healthcare Supply Chain, and Packaging & Speciality Services.

 

In the Sales, Marketing & Medical division United Drug is the leading provider of contract sales outsourcing services to pharmaceutical manufacturers in the UK and Ireland and has a growing presence in the US market. United Drug also provides related marketing services to pharmaceutical manufacturers in each of these markets.

 

In Healthcare Supply Chain, United Drug is the largest pharmaceutical wholesaler in the island of Ireland. It is also the market leader in contract distribution outsourcing (pre-wholesaling) in Ireland and has achieved the No. 1 position in the UK through its joint venture business UniDrug Distribution Group (UDG). The Company provides specials medicines manufacturing and distribution services in the UK. Through its medical & scientific operations, United Drug provides sales & marketing and technical service solutions, including contract distribution services to a wide range of medical & scientific equipment & consumable manufacturers, with a market leading position in Ireland and an emerging presence in the UK.

 

In the Packaging & Speciality division United Drug is a leading international provider of pharmaceutical contract packaging services with facilities in the US, UK, Dutch and Belgian markets. The Company also provides speciality distribution and homecare services in the UK and Ireland.

 

For more information go to www.united-drug.ie 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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