J Knipper and Company Inc has acquired competitor Pharmagistics from Publicis Touchpoint Solutions. The acquisition creates one of the largest healthcare marketing distribution firms in the United States, servicing more than 100 clients and 200 brands. Details of the agreement were not disclosed.
Jim Knipper, president and chief executive officer of J Knipper and Co, said, “Healthcare marketing includes a growing range of direct marketing fulfillment services including pharmaceutical product sampling as well as sample accountability. Pharmagistics brings a solid set of capabilities and a track record of accomplishments, as well as an experienced and highly committed employee base. Pharmagistics’ centralized marketing fulfillment services and sample accountability have become ever more critical in this industry for the purposes of providing our clients with the ability to track aggregate spending and generate actionable reporting data. Overall, we believe the acquisition positions us well within the direction that healthcare marketing and pharmaceutical sampling is moving.
“In addition to our comprehensive breadth of services, Knipper offers best-in-class facilities and warehouse systems, a leading sample accountability group, in-house data management expertise and one of the industry’s top management teams,” said Knipper. “We believe our integration plan, combining strengths in sample accountability and the companies’ extensive distribution channels to sales representatives and to physicians, will have a compelling and sustained impact on our industry.”
Situated in Somerset NJ, Pharmagistics’ 80,000-square-foot facility is close to transportation hubs. After completion of the acquisition, J Knipper and Co will continue to operate out of this facility, bringing the firm’s total footprint in New Jersey to 350,000 square feet.
Founded in 1986, J Knipper and Co has invested considerably in its physical and data infrastructure over the years. Prior to the acquisition of Pharmagistics, J Knipper and Co had 270,000 square feet of space, with 12,000 of that for refrigerated and 7,500 for controlled substances, along with an advanced Data Center, fully protected for secure and safe handling of database management and sample supplies.
For more information, visit www.knipper.com.
