Chemist + Druggist is part of Pharma Intelligence UK Limited

This is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.


This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction

CMA merger inquiry clears Pharmacy2U purchase of LloydsDirect

LloydsDirect will be subsumed into Pharmacy2U, after the competition authority issued its approval following a merger inquiry.

The Competition and Markets Authority (CMA) has “cleared” Pharmacy2U’s purchase of its closest competitor LloydsDirect, it announced yesterday (March 12).

The competition watchdog said that it will publish the “full text” of its decision “shortly”.

Read more: CMA revokes Pharmacy2U/LloydsDirect enforcement order

Pharmacy2U chief executive Kevin Heath said that he was “delighted with the outcome” of the CMA’s inquiry into the merger.

He commended the “utmost professionalism and transparency” with which Pharmacy2U and LloydsDirect’s teams had helped the inquiry.

Read more: CMA launches first phase inquiry into Pharmacy2U/LloydsDirect merger

Mr Heath said that the businesses will now “embark on an exciting journey” that will see both companies merge into the Pharmacy2U brand. 

“Our patients and the accessible service we offer them remain our top priority through this transition period and beyond,” he added.

 

Competition concerns

 

The CMA launched an inquiry into the purchase of LloydsDirect in January, after launching an initial probe and imposing enforcement orders in November. 

The investigation came after Pharmacy2U revealed that it had snapped up Lloydspharmacy’s online prescription service LloydsDirect in October.

Read more: UPDATED: Competition watchdog probes Pharmacy2U purchase of LloydsDirect

But last month, the CMA fully revoked its initial enforcement order imposed on Pharmacy2U, in a move that suggested it had not found cause for competition concerns.

According to NHS Business Services Authority (NHSBSA) data hosted on PharmData, Pharmacy2U and LloydsDirect were the top two pharmacies for items dispensed in November 2023, with Pharmacy2U dispensing 1.65 million items and LloydsDirect dispensing 1.1 million items.

Related Content

Topics

         
Pharmacy Manager
Newquay, Cornwall
£ Competitive

Apply Now
Latest News & Analysis
See All
UsernamePublicRestriction

Register

CD138025

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Thank you for submitting your question. We will respond to you within 2 business days. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel