PCCA acquires three compounding industry companies in the United Kingdom
Expands access to innovative custom-compounded personalized medicines
HOUSTON, Feb. 12, 2014 /PRNewswire-USNewswire/ -- PCCA has purchased The Specials Laboratory Limited (TSL), Arjun Products Limited, and Craig and Hayward Limited from Dublin, Ireland-based UDG Healthcare PLC (LSE: UDG).
Jim Smith, PCCA's president, noted: "These are three successful, well-regarded companies that are an excellent business and cultural match for our own. They will continue to operate as they do today while creating a two-way avenue for product, technology and idea sharing between us. It also accelerates our goal of bringing the benefits of personalized medications to a wider audience especially in important markets like the United Kingdom and Europe."
TSL makes and delivers "personalized medications" or "specials" to thousands of community and hospital pharmacists and practitioners throughout the United Kingdom and Ireland. It also supplies "special obtain" items when they are not available through traditional wholesalers. Arjun Products sources skincare and ENT pharmaceuticals and supplements for mainstream wholesale distribution. Craig and Hayward provides specials pharmaceuticals to pharmacies in England and Wales.
The companies employ 130 people at three sites licensed by the Medicines and Healthcare Products Regulatory Agency (MHRA) who is responsible for regulating all medicines and medical devices in the UK.
Ari Pailakian, PCCA's vice president of sales, added, "I'm excited for our nearly 4,000 U.S., Canada and Australia independent community pharmacy members and the opportunity to deliver new and innovative technologies from the U.K. to them."
PCCA previously acquired several companies that now comprise the PCCA Canada, PK Software and Wellness Works business units of the company.
About PCCA
PCCA helps compounding pharmacies around the world deliver personalized, compounded medications that make a difference in people's lives. As a compounding pharmacist's most comprehensive resource, PCCA provides products, services and support to almost 4,000 pharmacist members throughout the United States, Canada, Australia and the United Kingdom. Serving compounding pharmacists since 1981, PCCA is headquartered in Houston, Texas. For more information about the company, visit pccarx.com.
SOURCE PCCA
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