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Elder Pharmaceuticals' arm acquires Max Healthcare to re-enter the OTC pharmaceutical category

02 Jul 2013 Evaluate

Elder Pharmaceuticals - wholly owned step down subsidiary – NutraHealth, the UK’s leading provider of the highest quality and innovative branded and own label vitamin and food supplements, has acquired Max Healthcare to re-enter the OTC pharmaceutical category and extend and enhance its product range. Max Healthcare will be a subsidiary of NutraHealth and will be managed in parallel with its subsidiary Brunel Healthcare Manufacturing.

Max Healthcare is an OTC business which owns a range of marketing authorizations and provides own label and branded OTC medicines and products to a broad range of customers.

Max Healthcare is predominantly an outsourced operation with most of its manufacturing taking place in India. Elder Pharmaceuticals will explore the opportunities to collaborate in the supply chain and vertical integration will be exploited wherever possible.

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