
Uniphar supports Irish pharmacies with acquisition of TouchStore
Uniphar supports Irish pharmacies with acquisition of TouchStore
- Uniphar has acquired TouchStore to enhance its support for the Irish community pharmacy sector.
- The acquisition will allow TouchStore to maintain its management structure and operate as a separate entity.
- This partnership aims to significantly boost pharmacy technology innovation and improve operational efficiency.
Story
Uniphar, a Dublin-based healthcare and pharmaceutical service company, has recently announced its acquisition of TouchStore, a pharmacy technology provider based in Limerick, Ireland. The acquisition marks a strategic move aimed at enhancing Uniphar's capabilities in supporting the Irish community pharmacy sector. Although the financial details of the acquisition remain undisclosed, the deal highlights Uniphar's commitment to expand its operations and strengthen its technological infrastructure to better serve community pharmacies. Additionally, this move comes as Uniphar continues to enhance its services with the ongoing construction of a state-of-the-art wholesale distribution center in Dublin, which is projected to double their operational capacity. TouchStore has been a prominent player in providing technology solutions for pharmacies, and its integration into Uniphar's operations is expected to foster innovation and support for pharmacy customers across the Irish market. Ger Rabbette, CEO of Uniphar, emphasized the organization's foundational aim to support community pharmacies, a commitment that he stated has been upheld since the company's founding 60 years ago. Following the acquisition, TouchStore will maintain its operations as a separate legal entity, preserving its existing management team and support staff to ensure a seamless integration and sustained focus on its innovative products and services. The Irish healthcare sector is undergoing rapid evolution, particularly with the increasing shift towards digital operations facilitated by the Health Service Executive (HSE) and other stakeholders. TouchStore's managing director, Ger Cassidy, expressed enthusiasm for the opportunities the acquisition presents, noting that the technology the firm provides remains wholesaler agnostic. This means that even with the backing of Uniphar, TouchStore will continue to engage with all pharmacies within the Irish market, making it a versatile player as the pharmacy landscape transforms. The acquisition serves not only to elevate TouchStore's capabilities but also aligns with Uniphar's objective of reducing the non-clinical workload experienced in pharmacies, thereby enhancing the overall efficiency and service delivery within the sector. Through the combined strength of Uniphar and TouchStore, the organizations are poised to lead the pharmacy technology innovation landscape in Ireland, ensuring that community pharmacies are equipped with robust solutions to navigate the changing healthcare environment. This strategic partnership signifies an important step in advancing the role of pharmacies within the healthcare system, underscoring their critical function in providing accessible healthcare solutions for communities across Ireland. Ultimately, this acquisition opens the door for significant growth and increased innovation in pharmacy technology, aiming to better support Irish community pharmacies in their vital role within the healthcare sector.