DHL Supply Chain says it has agreed to acquire SDS Rx, expand healthcare reach
This follows DHL’s earlier purchase of CryoPDP and highlights its push to grow in the healthcare sector
DHL Supply Chain is expanding its healthcare reach with the acquisition of SDS Rx, a company that handles last-mile deliveries for long-term care and specialty pharmacies, radiopharmacies, and health system networks.
SDS Rx runs operations from more than 200 U.S. locations. The deal adds new last-mile services to DHL’s healthcare network and improves its same-day and urgent delivery options. The closing of the acquisition is subject to regulatory approvals.
“The life sciences and healthcare sector is projected to grow at a compound annual growth rate of 11% through 2030. Specialty pharmacy already accounts for approximately 50% of total prescription drug spending in the U.S., and the number of patients served by specialty pharmacies grew by 12% between 2018 and 2022,” said Mark Kunar, CEO of DHL Supply Chain North America.
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