Villers-lès-Nancy, 2 October 2019 - 7:00 a.m. (CET)
PHARMAGEST ITALIA accelerates its geographical
expansion in Italy: acquisition of SVEMU
Acquisition of a majority stake in the capital of SVEMU INFORMATICA FARMACEUTICA.
An Italian company specialised in pharmacy IT solutions with an installed base of 800 pharmacies throughout Italy.
An acquisition in line with the strategy implemented by Pharmagest Group in this country to:
o Rapidly expand PHARMAGEST ITALIA's regional coverage in Italy; o Bolster SOPHIA's technical and technological offering.
Pharmagest Grouptoday announces the completion of the acquisition by PHARMAGEST ITALIA of an 80% majority stake in the capital of SVEMU, a specialised provider of IT solutions for pharmacies in the Italian market.
Created in June 2008, SVEMUis an independent software vendor known for its innovative pharmacy management solutions. Its EasyPharma application equips more than 800 of Italy's 19,000 pharmacies in 13 regions of country.
Featuring a very comprehensive range of functionalities and services, EasyPharma's proven and high-performance technology is perfectly adapted to both the configuration of the Italian market and developments in the Italian healthcare market.
This acquisition completes the technological and technical building blocks that were missing from PHARMAGEST ITALIA's SOPHIA software suite (the Italian equivalent of LGPI Global Services®).
As a new market entrant, PHARMAGEST ITALIA will be able to build on SVEMU's installed base and consolidate its market positions by rapidly completing its territorial coverage in Italy in order to reach its goal of equipping nearly 20% of Italian pharmacies within five years.
Participation in the MidCap Event in Paris on Monday 14 October 2019.
Publication of Q3 2019 sales: 15 November 2019 (after the close of trading).
Publication of FY 2019 annual sales: 14 February 2020 (after the close of trading).
Press Release 2 October 2019 - New acquisition in Italy - SVEMU - 2
About Pharmagest Group:
Pharmagest Group is the French pharmacy information technology leader, with a market share of more than 44% and nearly 1,000 employees. The Group's strategy is based on a core business of improving healthcare through information technology innovation and developing two priority areas: 1/ Services and technologies for healthcare professionals, with a focus on assisting pharmacies in patient medication compliance; and 2/ technologies for improving the efficacy of healthcare systems.
This strategy is executed through specialised business lines developed by Pharmagest Group: pharmacy IT solutions, e-Health solutions, solutions for healthcare professionals, hospital solutions, solutions for pharmaceutical laboratories, connected health devices and apps, and a sales financing marketplace...
These businesses are grouped within four divisions: Pharmacy - Europe Solutions; Health and Social Care Facilities Solutions; e- Health Solutions and Fintech.
Listed on Euronext Paris™ - Compartment B
Indices: CAC® SMALL and CAC® All-Tradable par inclusion
Eligible for the Long-Only Deferred Settlement Service (SRD)
ISIN: FR 0012882389 - Reuters: PHA.PA - Bloomberg: - PMGI FP
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Pharmagest Interactive SA published this content on 02 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2019 07:32:10 UTC