07:00 Mon 02 Aug 2021
Uniphar PLC - Acquisition of BESTMSLs Group
Uniphar plc acquisition of BESTMSLs Group
Uniphar plc today announces the acquisition of BESTMSLs Group
BESTMSLs Group is a
The Company's founders have > 30 years of experience in outsourced medical affairs and their vision is to lead the industry and provide cutting-edge, creative medical education programs and MSL teams that engage, educate, and enhance patient care. The Company leverages a suite of digital platforms and tools to deliver innovative solutions for their partners. Medical Affairs is a fast-growing market due to the increasing complexity, specialty, and cost of emerging pharmaceutical products.
The role MSLs play is becoming increasingly important across both late stage clinical trials through to commercialisation. The acquisition increases Uniphar's presence in the strategically important US market & BESTMSLs Group will work alongside, and benefit from, our recent US acquisitions of Diligent Health Solutions and RRD International.
The purchase price includes an upfront payment plus contingent consideration payable upon achievement of EBITDA based performance targets. BESTMSLs Group operate with a core team of 13 colleagues plus an average of c. 35+ contract MSLs at any one time. The whole team, including founder
Commenting on today's announcement
"BESTMSLs is a strong strategic fit for Uniphar given 1) the increasingly important role MSLs play across both late stage clinical trials through to commercialisation and 2) increasing our presence in the strategically important US market. This acquisition will benefit from the good work Diligent Health Solutions and RRD International are doing. Our growing US based team are excited about the value they can deliver together."
"BESTMSLs Group coming under the broader Uniphar umbrella enables us to continue to deliver for our existing partners while also exploring new cutting-edge opportunities through close collaboration with great service providers such as Diligent Health Solutions. As we like to say, 'Stay on the edge, more happens there.'"
"This is an exciting milestone for BESTMSLs Group, we are enthused by Uniphar's shared passion to invest in innovative digital solutions to drive better outcomes for our pharma partners, and most importantly improve the lives of patients. What has always driven us is the saying, 'If you only give the client what they already want, someone else will give them what they never dreamed possible.'
For further details contact:
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About Uniphar plc
Headquartered in
The Company's vision is to improve patient access to pharmaco-medical products and treatments by enhancing connectivity between manufacturers and healthcare stakeholders. Uniphar represents a strong combination of scale, growth and profitability.
Commercial & Clinical
In Commercial & Clinical the Group provides sales, marketing & distribution solutions to multinational pharmaceutical and medical device manufacturers on an outsourced basis. Active in
Product Access
In Product Access the Group is growing two distinct service offerings: 1) "On Demand Access", which are pharmacy led solutions for sourcing and supplying unlicensed medicines to meet the needs of both retail and hospital pharmacists; and 2) "Exclusive Access", which are manufacturer led solutions for controlling the release of speciality medicines for specifically approved patient populations in agreed markets. The Group currently delivers product access solutions on a global basis.
Supply Chain & Retail
Uniphar is an established market leader in
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