Irish-based diversified healthcare services group UDG Healthcare will continue its acquisition-led growth strategy, after seeing recent purchases contribute to a bumper set of annual results.

UDG Healthcare has raised more than €80m for deleveraging and further investment purposes through the sale of its share of a UK-based drug distribution business.

UDG Healthcare has expanded the capabilities of its global healthcare communications division via an €18m acquisition of a public relations firm.

UDG Healthcare has significantly upped its earnings forecast for its current financial year, on the back of a strong first-half showing.

Diversified medical services group UDG Healthcare is set to become a global leader in the healthcare communications sector via the purchase of part of UK company, KnowledgePoint360, for more than €100m.

Management bonuses at UDG Healthcare were cut by nearly 60% last year, despite the group delivering a strong financial performance.

Diversified healthcare services group UDG Healthcare is confident of maintaining recent growth momentum after delivering figures at the top end of its guidance range for its latest financial year.

Dublin-based international healthcare services group, United Drug will formally change its name to UDG Healthcare by the end of next month, following receipt of shareholder approval for the identity switch yesterday.

United Drug has reached agreement to buy Spanish company Expansis for a maximum consideration of €12m.

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.

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United Drug has said that it remains open to the option of resuming a listing on the Irish Stock Exchange.

United Drug, the expansion-focused Irish healthcare group, says it could comfortably spend €50m per year on acquisitions as it broadens its international footprint.

United Drug aims to double its earnings over the next five years, while increasing the growing internationalisation of its business.

United Drug will delist from the Irish Stock Exchange on Oct 3 in order to have all its shares traded through the London Stock Exchange in a bid to gain admission to the FTSE UK Index.

Ireland-based healthcare services group United Drug has today announced it will shift its primary stock market listing to London from Dublin.

Irish healthcare services group United Drug has continued its busy summer of acquisitions by purchasing two US-based companies for a combined consideration of up to $40 million (€32m).

United Drug is set to strengthen its packaging and speciality services division with the $61m (€49.5m) cash acquisition of the US and European operations of Indian healthcare services giant, Bilcare Ltd.

United Drug has acquired the contract sales arm of German healthcare and pharmaceutical company Celesio, for €35m.

United Drug has today announced that it has reached agreement to acquire logistics firm Pharmexx GmbH for €35m.

Irish healthcare services group United Drug has bought a British medical consultancy for £13 million (€16.3m).

United Drug plc has bought Watermeadow Medical Limited and Watermeadow Medical Consulting Inc. for £13m (€16m).

Many farmers were fortunate to have had some surplus silage left over for hungry stock during the recent cold weather when grass growth did not match demand.

Irish pharmaceutical and healthcare services group United Drug said they are looking to make acquisitions in the US, Britain, and Europe in the short term and hoping to expand into China and Brazil within five years.

United Drug has reported adjusted pre-tax profits of €35m for the six months to end March, a 7% increase on the same period last year.

HEALTHCARE services company United Drug would be interested in Celesio’s European pre-wholesaling and contract sales businesses if they were available, according to its chief executive.

SERIOUS concerns have been raised by health inspectors about the running of a Cork nursing home.

HEALTHCARE services group United Drug is eyeing up acquisition opportunities in the US and could “comfortably” spend as much as €150 million per annum on takeovers over the next few years.

DIVERSIFIED Irish healthcare services group, United Drug is confident of boosting its overseas profit contribution to 80% over the next three years.

TOTAL remuneration levels for executive directors at Irish healthcare services group United Drug rose last year, as bonus payments made a return on the back of an increase in the company’s financial performance.

IRISH drug wholesaler and diversified healthcare services company United Drug has posted a marginal increase in full-year profits and revenue and has said that it remains well placed to continue growing as a business.

HEALTHCARE firm United Drug has acquired the InforMed Group of companies in a deal valued at almost €14 million.

UNITED Drug expects to acquire firms in Britain and the US over the coming year but expects to take a hit of up to €3 million this year following the Government imposed cut in medicine prices.

IRISH healthcare services group, United Drug, has said that trading across its businesses has been good in the first quarter of its financial year and market share has been gained, despite the well-touted cuts in medicine prices.

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TOTAL executive director remuneration at United Drug was reduced marginally last year, with management seeing a decline in their basic salary and all performance-related bonuses being waived.

TOUGH trading conditions resulted in a 5% fall in pre tax profits in the year to end September 2009 for healthcare services group United Drug.

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UNITED Drug has increased its presence in the British home-based pharmacy care market by signing a joint venture agreement with US company, Medco Health Solutions.

UNITED Drug chief executive Liam FitzGerald believes the company’s full-year financial performance will be in line with last year, even after reporting a 10% year-on-year drop in first half profits yesterday.

United Drug has today announced first half results for the six months ending March 31, 2009.

A CRUCIAL rezoning vote on a e4.5 million mixed-use project could deliver up to 80 new jobs to a Cork town.

THE €800,000-plus paid to TDs and senators for teaching jobs they have not worked in over the past decade has been described by Education Minister Batt O’Keeffe as not significant.

United Drug today announced that it has acquired the entire issued share capital of Sharp Corporation for a total consideration of $99m (€62.3m).