Marken acquires three European firms, assessing additional deals: ‘Stay tuned,’ says CEO

By Melissa Fassbender

- Last updated on GMT

(Image: Getty/Shutter_m)
(Image: Getty/Shutter_m)

Related tags Marken Logistics Europe Clinical development

Marken has purchased three European logistics firms and is assessing additional locations at which the CEO said it plans to either build or buy.

Marken’s acquisition of Italy-based HRTL as well as HETO and Der Kurier in Austria and Hungary, respectively, increases the company’s site network to 51, including 10 good manufacturing practice (GMP) qualified clinical storage depots. 

Marken CEO Wes Wheeler said the acquisitions make “good business sense”​ for the company given the large number of shipments exported from Italy, Hungary, and Austria. “Italy is a particularly important market for outbound services given the high concentration of sterile drugs produced in that country,”​ he told us.

Marken will offer its hybrid services​ – which uses UPS' network and airline – to and from gateway airports in Rome, Milan, Vienna, and Budapest.

The acquisition will see the addition of 30 new employees dedicated to clinical logistics. This also will further expand Marken’s direct to/from patient operations to these countries, giving the company more direct control of the drivers calling on patient’s homes. 

As for future acquisition plans, Wheeler said the company is “always looking to strengthen its network around the world.”

“We analyze data sources to determine where the patients are being recruited from and then assess if it makes good business sense to have a direct operation there,” ​he explained.

Marken is currently in the process of assessing an additional three to four locations at which it plans to either build or buy. Said Wheeler, “Stay tuned for further announcements.”

Related news

Show more

Related products

show more

The Right CDMO Can Unlock Faster Drug Development

The Right CDMO Can Unlock Faster Drug Development

Content provided by Lonza Small Molecules | 15-May-2023 | Interview

Drug development presents biotech companies with ever-changing challenges. Enabling a faster end-to-end process requires seamless flexibility and extensive...

SDTM supplemental qualifiers explained

SDTM supplemental qualifiers explained

Content provided by Formedix | 12-May-2023 | White Paper

What are SDTM supplemental qualifiers? In short, these are variables in non-CDISC datasets that cannot be mapped to a variable that matches the SDTM standard....

Plan for success with process liquid and buffer preparation

Plan for success with process liquid and buffer preparation

Content provided by Thermo Fisher Scientific - Process Liquid Preparation Services | 25-Apr-2023 | White Paper

Setting the groundwork for successful scale-up is essential for getting a therapeutic to market quickly and efficiently, but navigating the unknowns associated...

Related suppliers

Follow us


View more