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Cegedim Acquires NDCHealth's UK System's Business.


BOULOGNE Bou·logne   also Bou·logne-sur-Mer

A city of northern France on the English Channel north-northwest of Amiens. Of Celtic origin, it is the leading fishing port of France. Population: 44,800.
, France -- Cegedim Pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent.  Systems is part of the CEGEDIM group (France), a leading supplier of information and clinical management systems for healthcare organisations in Europe Europe (yr`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000).  

Cegedim SA (Other OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:CGMJF.PK) (BOURSE bourse (brs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. :CGDM CGDM Consortium on Green Design and Manufacturing .PA) announced today that it had completed the acquisition of NDCHealth's UK operation which provides software solutions to the UK pharmacy sector. This acquisition strengthens Cegedim's presence in the UK healthcare sector, where it is already represented by In Practice Systems (InPS) -- a leading provider of GP systems to over 1,900 GP Practices.

Commenting on the announcement, Simon Driver - Managing Director said, "We are delighted with this move as it positions us as a significant part of a multi-national healthcare information company. This gives us the support that is required to consolidate and maintain our position as the leading independent provider of systems to the pharmacy sector and supplies us with the potential for greater innovation opportunities and additional investment. The potential for working closely with In Practice Systems to achieve the Electronic Transmissions of Prescriptions goals of the National Programme for IT will provide us with great advantages over our competitors. The strategic fit of Cegedim with the pharmacy systems business here in the UK can only be good for our customers."

Max Brighton, Managing Director of In Practice Systems added, "There are very close similarities between our two businesses and we will strive to ensure that our main priorities of customer service and product development are followed by Cegedim Pharmacy Systems as well. We welcome the customers and staff of Cegedim Pharmacy Systems to the Cegedim group and look forward to working closely with them."
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 27, 2004
Words:272
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