Deals

Durbin acquired Pharmaceutical Trade Services, Inc. (PTSI) December 1, 2014

Overview

On December 1st, 2014, The Durbin Group announced its acquisition of Pharmaceutical Trade Services Inc. (PTSI) from UDG Healthcare PLC.

PTSI is a US-based pharmaceutical supplier specializing in supplying US pharmaceutical, OTC and nutritional supplement products not yet licensed in the importing country, including controlled substances, temperature-controlled products and hazardous materials.

Durbin helps patients in need get vital medications in several sectors ranging from International Sales, Charity & NGO supply, pre-registration medications and shortages.

Significance

The acquisition further confirms Durbin’s position as one of the world’s leading global pharmaceutical specialist distributors.

With the addition of PTSI, Durbin will have logistics, customer service, operations and warehousing teams in both the US and UK, further strengthening the firm’s international capabilities.

Crosstree’s Role

Financial advisor to Durbin.

Sub-Sector

Pharma Services

Type

Merger and Acquisition

Deal Tags

Clinical Trials
Pharma Development
Pharma Supply Chain
Pharma Commerizational