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Besse Medical Acquires Physician Office Drug Inventory System to Expand Portfolio.

MANews-(C)2009-2017

28 June 2017 - Ohio, US-based pharmaceutical supplier Besse Medical, partner of Pennsylvania, US-based Amerisource Bergen, has acquired US-based cloud-based inventory and billing reconciliation system provider Physician Office Drug Inventory System (PODIS) to expand Besse Medicals inventory management solutions portfolio, the company said.

Terms of the transaction were not disclosed.

The PODIS platform, now offered exclusively through Besse Medical, will receive a series of enhancements to better address the needs of practice offices, including distribution integration, including electronic ordering and pre-labeling of products, and electronic data interchange capabilities, which will wrap-in purchase orders, invoicing and payment information

Besse Medical will continue to offer and invest in its CubixxMD product, a cloud-based solution that allows practices to manage inventory from multiple locations including desktop computers, mobile devices or medical-grade, RFID-enabled refrigerator cabinets.

With CubixxMD and the addition of PODIS, Besse Medical is able to deliver more inventory management options to practices.

Besse Medical is a supplier of specialty pharmaceuticals, injectables, biologicals, vaccines and diagnostics to specialty physician practices.

AmerisourceBergen provides pharmaceutical products, value-driving services and business solutions to improve access to care. The company has 19,000 associates, more than USD 146bn in annual revenue and a presence in 50+ companies.

Country: USA

Sector: Pharmaceuticals

Target: Physician Office Drug Inventory System (PODIS)

Buyer: Besse Medical

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:Jun 28, 2017
Words:237
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