Belgian company Arseus buys software company in Brazil
Belgian medical equipment company Arseus purchased pharmaceutical software supplier Alternate Technologies. It also sold its dental distributors in France, according to a report published by Reuters.
Alternate Technologies is a company that supplies software for compounding of medicines. It presently has a customer base of over 3,500 pharmacies and doctors in Brazil. Its flagship products include a compounding software called FolrmulaCerta and a newly-launched online prescribing facility called Doctor-Rx, said the report.
The acquisition deal is expected to add more services to the software company's biggest business called Fagron. This business involves creation of medical ingredients for pharmacists in Brazil. Arseus also said the deal could make way for the launching of Alternate softwares in the US, the report stated.
The medical equipment company did not reveal the amount involved in the deal. But according to Alternate Technologies, the expected turnover for this year would be USD4.79 million, as reported by Reuters.