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Nabp Acquires Patient Safety Tool From Chronicled, Inc.

Jun 14, 2023•about 2 years ago

Acquiring Company

Pulse by NABP

Acquired Company

Patient Safety Tool

Supply Chain ManagementLogistics

Description

The National Association of Boards of Pharmacy® (NABP®) announced today that it acquired the MediLedger Product Verification System (PVS) from Chronicled, Inc. The Association purchased the PVS to enable trading partners and regulators to conduct product verification, when required by the Drug Supply Chain Security Act (DSCSA), for use in its new product, Pulse by NABPTM.

Company Information

Company

Pulse by NABP

About

Pulse by NABPTM is an inclusive, accessible, centralized digital platform that simplifies the process of achieving DSCSA compliance. Pulse provides access to NABP’s user-friendly tools and comprehensive network of relationships, enabling consistent communication with trusted, verified partners across the supply chain.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed