Uniphar acquires US healthcare agency Inspired Health

Irish healthcare services company Uniphar has acquired US company Inspired Health.

nspired Health, headquartered in Boston, is an insights and intelligence consulting firm.

The company uses market research techniques to help life sciences companies gain a better understanding of the people they work with, including physicians, patients, administrators and payers.

These insights are then used to optimize innovation and commercialize assets.

Inspired Health will be integrated into Uniphar’s commercial and clinical divisions.

The purchase price, which has not been disclosed, includes an upfront payment and contingent consideration payable upon future financial developments.

Uniphar expects the acquisition to deliver a return on investment within three years, in line with Uniphar’s target range of 12 to 15 percent.

“Market research is the first step towards successful commercialization and the insights gained from Inspired’s innovative service offering are leveraged across the group,” said Uniphar CEO Ger Rabbette.

The acquisition will also increase Uniphar’s presence in the “world’s largest healthcare market,” he said.

“Uniphar Group recognizes the important role that insights, data and market research play throughout an asset’s lifecycle, making it an ideal home for Inspired Health,” added Inspired Health’s Senior Executive Officer Kieron Mathews.

This Uniphar acquisition is the latest in the US market, following the acquisition of medical affairs company BESTMSLS last August.

Last month, the Dublin-listed company also bought pharmacy chain McCauley Pharmacy Group.

In 2021, the group achieved a turnover of 1.9 billion euros with a gross profit of more than 274.5 million euros. The group employs more than 2,900 people in Ireland, UK, Germany, Switzerland and the USA, as well as in the Benelux and Scandinavia regions.

https://www.independent.ie/business/irish/uniphar-acquires-us-healthcare-agency-inspired-health-42037937.html Uniphar acquires US healthcare agency Inspired Health

Fry Electronics Team

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