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Pharma apps company in Europe to buy

  • Revenue: 1-7 million EUR
  • Employees: Not a decisive factor
  • Location of the target: Europe
  • Reason for acquisition: The company is an important player in the healthcare software development sector and wants to grow its operations in Europe through acquisitions of similar companies. The management of this buyer is open to speaking to interested sellers
  • #CFIE ITB055

Overview of the buyer for a pharma apps company in Europe

The buyer company is a leading provider of automated drug dispensing systems to hospitals. It has more than 15 million euros in annual revenue and has operations both in the US and Europe. The management has a strategy for growing the company by acquiring other similar companies. Therefore, the team responsible for M&A operations within the group are looking for providers of software solutions for hospitals and healthcare providers, including e-prescribers, ERPs, and supply chain software providers of automated systems for clinical applications. The target company should demonstrate revenues ranging between 1-7 million euros, show profitability and have a solid portfolio of clients.

Profile (strategy) of the buyer for a pharma apps company in Europe

The buyer company is an important European provider of advanced services to hospitals. They offer turn-key solutions that respond to the needs of hospitals in regards to tracking and management of unit dose drugs and medical devices. The solutions proposed are developed using proprietary software, patented robotic technologies and specialist support services. The benefits created include better management of drugs and medical devices.  Taking into consideration the elements of the medical services chain, healthcare offices are able to provide digital prescriptions, automated personalized unit dose treatment and thanks to the special software, can control the drug administration process to patients. This complete monitoring of medications and medical devices reduces, in a substantial way, the errors that might occur in therapy management or in material waste. As a result, the clinical risk and drug expenditure is lowered, which is very important, knowing that for a hospital, the costs for medications and medical devices are the second largest costs.
The company’s pharmacy logistics solution helps both hospitals and patients’ needs by ensuring the main causes of medication errors are eliminated. Prescription, transcription, distribution, and administration are the main points of the chain in which most errors occur. In the prescription phase, to prevent these errors the system integrates digital clinical folders and sends a warning message to physicians announcing any interactions, contraindications, and allergies. To eliminate errors during transcription, the prescriptions are automatically sent to hospital pharmacies. In distribution, personalized therapies are fully automated and prepared so that human errors are eliminated. In the administration of medication, patients are bar-code identified and automatically verified so that the therapy corresponds with the patient.
As for the technology used, the company’s software is developed with C#, JavaScript, HTML5 and CSS3 technologies, is fully compliant with HL7 ver. 2.x, is a three-tier application, and can be offered as stand-alone or in conjunction/synergy with other IT systems that are compatible with existing hardware or other software systems that are already used in hospitals. The company’s solutions streamline workflow processes increasing efficiency and improving patients’ safety.
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Activities and products of the target pharma apps company

The company is looking to acquire a company that has similar services and provides similar solutions such as:
Solutions for:
  • Dose management
  • Medical device monitoring
  • Oncology
  • Intravenous therapy
Services:
  • Tailored design
  • Solution set-up
  • Project implementation
  • Technical support: Analysis and data processing support, labeling, technical assistance and maintenance

Highlights of the buyer for a pharma apps company in Europe

  • The buyer is a European leading provider of automated drug dispensing systems to hospitals
  • The company uses various software solutions and technologies to increase efficiency and patient safety
  • The company has decided to expand its activities in Europe and is looking to buy another company with similar activities and products

More information on this buyer for a pharma apps company in Europe

Please get in touch if you are interested in learning more about this buyer for a pharma apps company in Europe. For more software companies for sale please visit the section software companies for sale. For other software buyers, please visit the section software companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.

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