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:

July 3rd Morning Report
ikeGPS Chief Financial Officer Transition
TWL - TradeWindow announces strategic partnership with FTA
BLT - Patent issue settled and new 5 year agreement with BSP
July 2nd Morning Report
July 1st Morning Report
June 27th Morning Report
SDL - FY2026 Earnings Guidance
PaySauce Director resigns for US-based role with NZTE
General Capital Releases 2025 Annual Report