Neuca allocates PLN 30 mln for new acquisitions in 2016

Neuca plans to proceed with acquisitions of medical clinics in 2016 and has allocated around PLN 30 million for the deals, the company reports. "This goal is very ambitious, but feasible," claimed Neuca's President, Piotr Sucharski. In September 2015, Neuca's subsidiary, NeucaMed, purchased 1.239 million shares of Medica Pro Familia. In August 2015, Neuca Med acquired a 64.3 percent stake in clinical research company Bioscience. Grupa Neuca is the largest wholesale distributor of pharmaceuticals in Poland. It has been listed on the Warsaw bourse since 2004. In 2014, the company increased its revenue by 13 percent to PLN 6.57 billion.