Pharmacybrands expands into medical centres

Pharmacybrands is buying medical centre assets worth $3.2 million from Radius Health Group to improve links between medical and pharmacy practitioners.

Pharmacybrands said it has entered into a conditional agreement with Radius to buy Radius Medical Ltd (RML) and Radius Medical Solutions Ltd (RMSL).

RML has equity interests in six medical centres and RMSL provides back office services to these and other medical centres. The purchase will be funded by bank debt.

Pharmacybrands said the acquisition would help it understand and develop how it could improve patient care with greater collaboration between medical centres and pharmacies.

NZPA

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

PEB - Pacific Edge Placement Increased to NZ$25.4 Million
Radius Care Reports Earnings Growth and 50% Higher Dividend
May 13th Morning Report
Pacific Edge launches capital raise of NZ$24 million
SML - Resignation of Synlait Director
FBU - Sale of Laminex Cheltenham property
CVT - Comvita Achieves Minimum Capital Raise Requirement
Devon Funds Morning Note - 04 May 2026
MEL - Meridian joins global ranks of sustainable companies
May 5th Morning Report