MEDICAL TECH INDUSTRY NEWS
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Amerita acquires San Antonio infusion maker
The purchase falls in line with the Irvine-based company’s expansion efforts in key markets.
BY OC METRO STAFFPublished: January 27, 2011 08:22 AM
Irvine-based pharmaceutical-maker Amerita has acquired a medical infusion manufacturer in San Antonio – a key region for the company because it’s the nation’s seventh-largest metropolitan service area.
Amerita has focused its efforts on establishing a presence in top growth areas by building new branches and buying existing companies. But the purchase of Advantage Infusion Services marks the company’s first acquisition in a market where it already maintains operations.
Amerita provides complex pharmaceutical products and clinical services to patients outside a hospital setting. It’s a growing market that’s driven by an aging population that requires specialty health-care products at affordable costs.
Advantage Infusion Services specializes in the children’s health-care products.
“Advantage Infusion Services and (CEO) Ed Lee have a great reputation in the pediatric market,” said Amerita President and CEO Jim Glynn. “This is a new specialty area for Amerita in San Antonio and complements our strength in the adult nutrition market.”
The two companies will consolidate operations under the management of Lee, who will serve as the branch manager.
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Amerita has focused its efforts on establishing a presence in top growth areas by building new branches and buying existing companies. But the purchase of Advantage Infusion Services marks the company’s first acquisition in a market where it already maintains operations. Amerita provides complex pharmaceutical products and clinical services to patients outside a hospital setting. It’s a growing market that’s driven by an aging population that requires specialty health-care products at affordable costs. Advantage Infusion Services specializes in the children’s health-care products. “Advantage Infusion Services and (CEO) Ed Lee have a great reputation in the pediatric market,” said Amerita President and CEO Jim Glynn. “This is a new specialty area for Amerita in San Antonio and complements our strength in the adult nutrition market.” The two companies will consolidate operations under the management of Lee, who will serve as the branch manager. Related headlines Profit Recovery Partners saves clients $1 billion Costa Mesa law firm creates new specialty branch Local.com forms social-buying business unit |
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