DHL Supply Chain will further expand its capacity in the medical and healthcare sector with the acquisition of SDS Rx. The company will take over specialized transports in healthcare and supply, among other things, pharmacies for care facilities, specialty and radiopharmaceutical pharmacies, as well as health networks. The acquisition is still subject to regulatory approvals. Mark Kunar, CEO of DHL Supply Chain North America:
Forecasts indicate that the sector will grow by eleven percent annually by 2030. Specialized pharmaceuticals already account for around 50 percent of total spending on prescription medications in the USA today. Between 2018 and 2022, the number of patients served by specialty pharmacies has accordingly risen by twelve percent. This growing demand for specialized pharma and healthcare solutions opens DHL up to numerous opportunities to strategically deploy its own logistics network,
expertise, and the commitment to the highest operational quality. With this acquisition we are expanding our capacities in medical and healthcare logistics, opening up a new customer segment in healthcare, and strengthening our position as a reliable partner for building robust and interconnected supply chains in the health sector.
Time-sensitive deliveries and the last mile
With the acquisition, the aim is to expand healthcare logistics under the umbrella of DHL Health Logistics and at the same time strengthen the position as a provider of integrated, time-critical solutions along the supply chain in the medical and healthcare sectors, it says.
SDS Rx handles specialized healthcare deliveries from more than 200 locations across the United States and is set to complement DHL's healthcare transport network with important last-mile services.
With the acquisition, DHL also expands its offering
of same-day and express deliveries for customers in the life sciences and healthcare sector. Drew Kronick, founder, CEO and managing partner of SDS Rx:
Our goal is to improve the quality of patient care with every delivery. In light of the rising demand for last-mile deliveries in healthcare, we know how important it is to work with a partner who, like us, puts the patient at the center. The partnership with DHL is, for us, a significant step forward. By pooling our strengths, we will ensure more precise, reliable, and faster deliveries to those who need them most.
Integration into DHL Supply Chain North America
As part of the acquisition, all employees are to transfer to DHL Supply Chain. The operations of SDS Rx will be integrated into DHL Supply Chain's Life Sciences and Healthcare
business in North America, it says. All teams would, however, continue to operate under local management. Hendrik Venter, Global CEO DHL Supply Chain:
This acquisition is a significant step to expand our ability to deliver precise and reliable care to patients. By integrating SDS Rx's specialized delivery capabilities into our operations, we broaden our reach into central areas of healthcare, scale our specialized pharmaceutical network, and strengthen our global DHL Health Logistics. In doing so, we underscore our commitment to providing reliable, patient-centered solutions along the entire supply chain in Life Sciences and Healthcare.
For DHL Supply Chain, this year marks its second acquisition in the healthcare sector. At the beginning of the year, the DHL Group had already acquired CryoPDP, a provider of specialized courier services for clinical trials, biopharmaceuticals, as well as cell