Subscribe

Uniphar bolts on Boston healthcare agency

Uniphar plc has announced the acquisition of Inspired Health in Boston.

Inspired Health is a small healthcare insights and intelligence consultancy that assists life science clients to better understand physicians, patients, administrators, and payers.

According to Uniphar, these insights are leveraged to assist clients optimise product innovation and commercialise their assets.

The plc said that the purchase will complement its recent US acquisitions of BESTMSLs, Diligent Health Solutions and RRD International.

Deal value was not disclosed. Uniphar stated that The purchase price includes an upfront payment plus contingent consideration payable upon future financial performance.

In Association with

Uniphar’s target is for the deal to deliver a Return on Capital Employed of 12%-15% within three years.

Ger Rabbette, CEO of Uniphar, commented: “The acquisition of Inspired Health adds another vital component to our high value commercialisation offering and further increases our scale in the world’s largest healthcare market. Market research is the first step on the journey towards successful commercialisation and the insights gained from Inspired’s innovative service offering will be leveraged across the group.”

Kieron Mathews, senior executive officer of Inspired Health, stated: “Uniphar recognises the important role insights, data and market research play across an asset’s lifecycle and as such is an ideal home for Inspired Health.”

Photo: Ger Rabbette, CEO, Uniphar

Sign up to The Business Plus Panel to help shape the business decisions of tomorrow and win vouchers for your opinions! 
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram