Cookie policy: This site uses cookies (small files stored on your computer) to simplify and improve your experience of this website. Cookies are small text files stored on the device you are using to access this website. For more information please take a look at our terms and conditions. Some parts of the site may not work properly if you choose not to accept cookies.


Subscribe or Register

Existing user? Login

Pharmaceutical companies

Clinigen acquires unlicensed medicine supplier Idis in £225m deal

The UK company Clinigen has acquired its rival Idis in a £225m deal, which it says will make it the market-leader in the US$5bn global unlicensed pharmaceuticals supply market.

Clinigen, a speciality pharmaceuticals and services company based in Burton-on-Trent, Staffordshire, announced details of the deal on 24 April 2015.

Its chief executive Peter George says the acquisition will also boost the company’s position in the US$2bn clinical trial market.

“I am confident that, together with Idis, we have the right people to define and shape the unlicensed medicine supply market — an increasingly important healthcare sector for patients with unmet needs,” he says. “The enlarged entity creates an incredibly exciting business with tremendous opportunities for growth.”

Idis, which has its European headquarters in Weybridge, Surrey, and North American headquarters in Princeton, New Jersey, was founded in the UK in 1987 by two pharmacists looking for medicines that were not available on the UK market for individual patients. The company supplies unlicensed medicines, predominately through managed access schemes.

Clinigen has three business divisions — a global access programme for critical drugs that are unavailable to patients in their home country, supply of pharmaceuticals for clinical trials and a specialty pharmaceuticals division.

According to figures from the IMS Institute for Health Informatics, 154 new drugs were launched globally between 2008 and 2012. Of those, almost half were unavailable in the UK in 2013. 

Citation: The Pharmaceutical Journal DOI: 10.1211/PJ.2015.20068453

Have your say

For commenting, please login or register as a user and agree to our Community Guidelines. You will be re-directed back to this page where you will have the ability to comment.

Recommended from Pharmaceutical Press

  • Quality Assurance of Aseptic Preparation Services: Standards Handbook

    Quality Assurance of Aseptic Preparation Services: Standards Handbook

    Standards for unlicensed aseptic preparation in the UK, as well as practical information for implementing the standards.

    £44.99Buy now
  • Stockley's Herbal Medicines Interactions

    Stockley's Herbal Medicines Interactions

    An invaluable reference for interactions of conventional medicines with herbal medicines, dietary supplements and nutraceuticals.

    £80.00Buy now
  • Popular Medicines

    Popular Medicines

    An illustrated history of some of the most popular branded medicines. Includes colourful historical adverts and details of the medicine's formula and intended purpose.

    £21.00Buy now
  • Strategic Medicines Management

    Strategic Medicines Management

    A practical guide to influencing the availability of medicines, and policies of their use. Focuses on the strategic elements of medicines management.

    £32.00Buy now
  • Dale and Appelbe's Pharmacy and Medicines Law

    Dale and Appelbe's Pharmacy and Medicines Law

    This new edition of Dale and Appelbe's Pharmacy and Medicines Law is the definitive guide to law and ethics for pharmacy practice in the UK. It covers law and professional regulation and is firmly established as the definitive student textbook and reference work on this subject in the UK. Fully updated to include changes to pharmacy laws and regulation.

    £55.00Buy now
  • Medicines Use Reviews

    Medicines Use Reviews

    Conduct successful Medicines Use Reviews (MURs) with this comprehensive book. Contains evidence-based information, tips and guidance.

    £26.00Buy now

Search an extensive range of the world’s most trusted resources

Powered by MedicinesComplete
  • Print
  • Share
  • Comment
  • Save
  • Print Friendly Version of this pagePrint Get a PDF version of this webpagePDF

Newsletter Sign-up

Want to keep up with the latest news, comment and CPD articles in pharmacy and science? Subscribe to our free alerts.