Opella Healthcare, trading as Sanofi Consumer Healthcare, said it has entered into a dual partnership agreement with Alliance Healthcare and Phoenix Healthcare Distribution for the wholesale supply of its products to UK pharmacies.
In effect from the start of February, the new dual partnership will ensure Sanofi Consumer Healthcare ‘continues to provide its customers with exceptional customer service’, the company said, adding that the increased efficiency will facilitate improved service levels and stock availability of Cialis Together, Allevia, Buscopan, Dulcolax and Phenergan to community pharmacies in the UK.
“At Sanofi Consumer Healthcare we are committed to supporting the self-care agenda in the UK,” Nick Linton, head of UK country operations, commented.
“Making healthcare as simple as it should be to bring health and wellbeing to all is a key priority for us in 2024 and beyond. Our new wholesale model reflects our deep commitment to working as efficiently as possible in close partnership with pharmacists to shape a healthier future.”
Sanofi has in October last year revealed its intention to spin out the consumer health business, initially created in 2019.
The spin-off will look to create “two entities, each better equipped to pursue its own business strategy, resourcing and capital allocation and enabling each to focus on long-term growth in its respective markets,” the company said at the time.
Last week, Bloomberg reported that multiple private equity firms have evinced interest in the consumer health unit.