Medios to acquire Cranach Pharma from BMSH for $144m.

Medios, a specialty pharma company, to acquire Cranach Pharma, a Hamburg-based specialist pharmaceutical wholesaler, from BMSH, a holding company, for $144m. "With this acquisition, a new era for Medios is now beginning. The takeover gives us the potential to exploit synergies not only in trading but also in manufacturing. We are also expanding our range of products and services as well as our partner network from currently around 330 to around 500 specialized pharmacies. I am particularly pleased that from now on we will be working together to improve patient-specific pharmaceutical supply on site and further consolidate our position as a competence partner for independent specialized pharmacies in Germany," Manfred Schneider, Medios CEO.