Business
Shoppers Drug Mart announces strategic acquisition of Calea Ltd.'s HealthAccess division and call centre business
TORONTO, July 2 /CNW/ - Shoppers Drug Mart Corporation (TSX: SC) announced today that it has acqu...
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[{"type":"text","content":"\n\n\n\nTORONTO, July 2 /CNW/ - Shoppers Drug Mart Corporation (TSX: SC)\nannounced today that it has acquired the HealthAccess division of Calea Ltd.\nBased in Mississauga, Ontario, Calea HealthAccess is a provider of specialty\ndrug distribution, pharmacy and patient support services.\n\n\nUnder the terms of the acquisition, Shoppers Drug Mart will acquire\nCalea's specialty pharmacy business including distribution and dispensing,\ntherapy management, reimbursement consulting and other manufacturer services,\nas well as Calea's call centre business including patient and drug\nmanufacturer support and adherence monitoring. The acquired businesses will\noperate as Shoppers Drug Mart Specialty Health Network Inc. providing\ncomprehensive patient support services for speciality pharmaceutical needs.\n\n\n"This strategic acquisition provides Shoppers Drug Mart with a new\nplatform to expand into special pharmacy services, enhance our ability to\ndeliver superior patient support and, ultimately, harness the growth potential\nof specialty pharmacy, one of the fastest growing segments of the\npharmaceutical marketplace," said Jurgen Schreiber, President & Chief\nExecutive Officer, Shoppers Drug Mart. "Calea HealthAccess and its highly\nrespected management team have demonstrated leadership in the provision of\nspeciality pharmaceuticals and patient services and their talents and\nresources will benefit Shoppers Drug Mart's Associate-owners in their efforts\nto assist patients with their total health management."\n\n\nAbout Calea Ltd.\n\n\nCalea Ltd. is the leading Canadian provider of patient-focused home\ninfusion and medical supply services and products. Calea has been serving the\nhealthcare needs of tens of thousands of Canadians since 1984. Calea is based\nin Mississauga, Ontario and operates nationally with facilities in Montreal,\nCalgary, and Vancouver. Calea is a subsidiary of Fresenius Kabi, the leader in\ninfusion therapy and clinical nutrition in Europe and in its most important\ncountries of Latin America and Asia Pacific. Fresenius Kabi AG is a 100%\nsubsidiary of the health care group Fresenius SE.\n\n\nAbout Shoppers Drug Mart Corporation\n\n\nShoppers Drug Mart Corporation is one of the most recognized and trusted\nnames in Canadian retailing. The Company is the licensor of full-service\nretail...