ARTICLE | Company News

Medco, United BioSource Corp. deal

August 23, 2010 7:00 AM UTC

Pharmacy benefit manager Medco will acquire drug information services company United BioSource for about $730 million in cash. Medco said the deal expands its capabilities in data analytics and research, adding United BioSource's safety and risk management services and its health economics and outcomes research. United BioSource conducts post-approval research for drugs and devices, including prospective safety studies, risk evaluation and mitigation studies, cost-benefit and cost-effectiveness evaluations, and epidemiologic studies. The companies said United BioSource expects 2010 revenues of $280 million. ...