United Drug planning name change

United Drug is planning to rebrand as UDG Healthcare later this year, with the new trading name acting as an umbrella for the group’s growing number of subsidiaries.

United Drug will remain the name for the Dublin-headquartered healthcare services group’s wholesale drug business. The name change is expected to take place in September, pending shareholder approval.

The news formed part of a strong first-half report issued by the company yesterday, which showed that the US has become the largest contributing region to United Drug’s profits.