Udg Healthcare Public Share Discussion Threads

[liarspoker] 04/5/2007 13:54

Another acquisition:

UNITED DRUG ACQUIRES UK BASED

SPECIALS MEDICINES DISTRIBUTOR


United Drug plc, a leading provider of services to healthcare manufacturers and
pharmaceutical retailers in the UK and Ireland today (Friday, 4th May 2007)
announced that it has acquired the entire share capital of Craig & Hayward
Limited a leading supplier of specials medicines in the UK market.

Craig & Hayward, based in Wallingford in Oxfordshire, employs 13 people, and
acts as a 'one stop specials shop' for the retail pharmacy sector. A 'special'
is a specially prepared product manufactured in response to a prescription to
meet a specific patient's requirements. The company differentiates itself from
competitors through its extensive supplier base, allowing it to source product
to service all areas of the market, and its intensive customer service with the
vast majority of orders filled within 24 hours.

Net assets of the company at completion are expected to be approximately #1.2
million.

Speaking today, United Drug's Chief Executive, Liam FitzGerald said:

"The acquisition of Craig & Hayward in the UK is a further
implementation of our strategy to develop the business in higher value
added niches within the healthcare supply chain. Craig & Hayward has a
well deserved reputation for providing an extremely high quality service
to its customers and will add to our offering in the UK market".


ENDS. Friday, 4th May 2007

[liarspoker] 03/5/2007 09:56

Trying to breakout.

Interims due on the 9th - next Wednesday.

[liarspoker] 17/4/2007 13:48

Looks like UDG is coming back into favour Slasher.

Possibly a few more Europeans made aware of it due to the Belgian acquisition.

[slasher16] 17/4/2007 13:44

Breakout please!!

[liarspoker] 17/4/2007 10:41

Ah looks better now. :O)

I think that the general trend is still up although the short term chart indicators say that we are due a small pull back but this will be followed by a higher high after the results imo.

Good news that we have reached a new high though.

[liarspoker] 17/4/2007 09:08

Hmmm - my monitor and quote page have this at a new high yet the graphs on this thread don't ?!?!

Anglo Irish Bank at a new high too.

[liarspoker] 13/4/2007 13:21

Patience Slasher.

[slasher16] 13/4/2007 10:11

Break her out u traders!!

[liarspoker] 13/4/2007 09:32

New high. :O)

[liarspoker] 12/4/2007 09:20

Interesting - near breakout. :O)

[slasher16] 11/4/2007 13:32

Vision Statement in Annual Report: to build an international healthcare firm.
Go on United Drug. Come on Mr Mkt break her out of this trading range!!!

[liarspoker] 11/4/2007 12:52

Good news, the start of European expansion:

RNS Number:6789U
United Drug PLC
11 April 2007





UNITED DRUG ACQUIRES BELGIAN BASED

PHARMACEUTICAL CONTRACT PACKAGING BUSINESS


United Drug plc, a leading provider of services to healthcare manufacturers and
pharmaceutical retailers in Ireland and the UK today (Wednesday, 11th April
2007) announced that it has acquired the Pharma and Healthcare packaging
division of Budelpack International, based in Hamont in Northern Belgium.

The Budelpack Hamont business is an FDA-approved facility that provides a full
range of contract packaging services designed specifically for the
pharmaceutical and healthcare industry and they work with a number of
international manufacturers throughout Europe. The business currently employs
approximately 140 people, including senior management, all of whom will remain
with the business.

Speaking today, United Drug's Chief Executive, Liam FitzGerald said:

"The acquisition of the Budelpack Hamont business is a significant
development for our Supply Chain Services Division and for the United
Drug Group. This is the first development into Continental Europe of our
strategy to build an international pharma and healthcare services
company and a continuation of our focus on higher margin activities
where we can add value to our pharmaceutical and healthcare manufacturer
customer base. The acquired business fits very well with our existing
packaging business in the UK, TD Packaging.

"Budelpack Hamont is a business focussed on delivering a high quality
service to customers and it is led by an excellent management team. I
welcome all new employees to the United Drug Group".


Ends. Wednesday, 11th April 2007

[liarspoker] 04/4/2007 12:13

Sangers involvement in Pfizer deal:

[liarspoker] 04/4/2007 11:48

AB. down today as well.

[liarspoker] 04/4/2007 10:49

OK my thoughts on the T/S:

All in all it sounds like the UDG we know.

Interims released on 9th May, 2007.

The 4 divisions:

Pharma Wholesale ( Sangers, United Drug Wholesale - independant pharmacists, Bradbury Surgical )

Supply Chain Services ( United Drug Distributors - largest business within SCS, UniDrug Distribution Group, TDPackaging, Masta, Pemberton/Blackhall )

Medical & Scientific ( Ireland = Unitech, Intraveno, Intrapharma. UK = Presearch, Endoscopy, Pyramed. Northern Ireland = Vector Scientific, Ulster Anaesthetics, Primacare )

Contract Sales Outsourcing ( UK = In2focus, Ashfield ).

It is my own opinion that UDG is moving into the UK market in order to ofset the Pricing Agreement which occured recently in Ireland. The last few acquisitions have been in the UK and I would not be surprised if the next few acquisitions were in the UK either. Revenue in Ireland has fallen to 69.6% of total revenue in 2006 versus 71.8% in 2005.

I think it is an honest T/S with the company stating that volume slowed in the run up to the pricing reduction but that volumes are back to normal now.

Pharma Wholesale = Good Growth - I think this growth is caused by the 'catalyst support package' which UDG provide to independent pharmacists. These pharmacies continue to outperform corporate owned pharmacies. Sangers always seems to do well too.

SCS - as stated MASTA is performing ahead of expectations. TDpackaging is also performing strongly and the move to Magna Park should improve economies of scales and related measurements. UniDrug Distribution group are also performing very strongly.

Medical & Scientific - a bit of cut and paste should explain things clearly: The development of this business in the UK market has been
aided by a full six month contribution from Endoscopy, another high quality
medical distributor, that joined the Group during the second half of 2006.Endoscopy is on schedule to achieve its earn-out targets later this year. This
period will also include a contribution from Pyramed acquired during February
this year.

Contract Sales Outsourcing - again cut and paste: Our Contract Sales Outsourcing division is performing well in a challenging market place. The combined Ashfield and In2Focus brands have given us a market
leading position in the UK and this is reflected in good growth and development
in this division.

Ashfield Ireland is performing strongly too and should have another best year in 2007.The Pam Labs contract should boost US business as well but not as much as the Sales Force Effectiveness (SFE) programme. The two Nurse Advisor Contracts with Novartis should have ongoing benefits as well in 2007.

[liarspoker] 04/4/2007 10:01

Ha ha ha - I didn't even see the trading statement until I just read another Email. Oh boy, I think that it'll be a long day.

[liarspoker] 04/4/2007 10:00

I am sitting on a bagger + here Cambo so there ( pokes out tongue ). :O)

I just reached an Email from a friend who said that on the radio this AM they said that things are looking good for UDG and that double digit growth is expected.

Nothing has changed imo.

[cambium] 04/4/2007 09:53

Definition of a long term play......


Short term play gone wrong!!

:o)

sorry Liars I couldn't resist