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CareFusion to buy Rowa for $150m

CareFusion has entered into an agreement to buy Germany-based Rowa for $150m to accelerate the growth of its Pyxis dispensing technologies into global retail and hospital pharmacies.

The Rowa products are designed for the management of medication and retrieval of pre-packaged pharmaceutical inventory.

The Rowa products secure and automate large volumes of medications and offer features such as refrigerated storage, a stock input and management system and a simple software user interface.

CareFusion chairman and CEO Kieran Gallahue said Rowa is the clear pharmacy automation leader in Western Europe with innovative technology that is complementary to their Pyxis portfolio of products.

"Combined, they can see an opportunity to provide customers outside the US with a complete medication management offering and accelerate their growth in the retail and hospital pharmacy automation segments," Gallahue said.

CareFusion other products include Alaris infusion pumps, AirLife, AVEA and LTV series of ventilators and respiratory products, ChloraPrep skin prep products, MedMined services for data mining surveillance, Mueller and Snowden-Pencer surgical instruments and NeuroCare diagnostic products.