United Drug Acquires InforMed Group

11 August 2010 (Last Updated August 11th, 2010 18:30)

Pharmaceutical wholesaler United Drug has purchased medical marketing company InforMed Group for an initial fee of £11.4m. United Drug could pay a further £5.9m in bonuses should targets be met over the next three years. The company hopes the deal will expand its operations in

Pharmaceutical wholesaler United Drug has purchased medical marketing company InforMed Group for an initial fee of £11.4m.

United Drug could pay a further £5.9m in bonuses should targets be met over the next three years.

The company hopes the deal will expand its operations in the UK and US.

The acquisition follows the purchases of Ashfield, Universal ProCon and Business Edge, with United Drug looking to move into the marketing sector.