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SDM buys Calea’s HealthAccess specialty pharmacy business

7/7/2008

TORONTO Shoppers Drug Mart last week acquired the HealthAccess division of Calea, a provider of specialty drug distribution, pharmacy and patient support services.

Under the terms of the acquisition, Shoppers Drug Mart will acquire Calea’s specialty pharmacy business including distribution and dispensing, therapy management, reimbursement consulting and other manufacturer services, as well as Calea’s call center business including patient and drug manufacturer support and adherence monitoring.

The acquired businesses will operate as Shoppers Drug Mart Specialty Health Network.

“This strategic acquisition provides Shoppers Drug Mart with a new platform to expand into special pharmacy services, enhance our ability to deliver superior patient support and, ultimately, harness the growth potential of specialty pharmacy, one of the fastest growing segments of the pharmaceutical marketplace,” stated Jurgen Schreiber, Shoppers’ president and chief executive officer.

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