Tilray Pharma has announced that its European pharmaceutical distribution business, CC Pharma, has entered into an agreement with Smartway Pharmaceuticals to expand the availability of pharmaceutical products across the United Kingdom.
Through this agreement, CC Pharma and Smartway will jointly support the expansion of parallel import and specialist pharmaceutical supply in the UK, leveraging Smartway's established national distribution infrastructure to facilitate the delivery of pharmaceutical products and CC Pharma's European procurement capability and GMP capacity.
The UK pharmaceutical market is estimated at nearly £1 billion within this category, and this agreement positions Tilray and CC Pharma to work with Smartway to accelerate access, improve supply reliability, and expand reach through trusted healthcare channels.
© Tilray Brands
Rajnish Ohri, President, International, Tilray Brands, stated, "The UK is a priority market within Tilray's international medical strategy. This agreement strengthens our ability to broaden access to medicinal products through established healthcare distribution channels, while advancing our long-term growth across Europe's evolving medical landscape. Further, this agreement is expected to embed Tilray into the UK health system for its own medicinal cannabis products"
Mathias Bossen, Managing Director of CC Pharma, added, "This agreement represents an important step forward in expanding our pharmaceutical distribution activities into the UK. By working closely with Smartway and leveraging their strong national network, we are well positioned to enhance supply reliability and support pharmacy and hospital partners with high-quality PI product lines across the UK."
Josh Cocklin, Chief Executive of Smartway said "Our focus is always on patients and outcomes. By extending what Smartway already does in regulated pharmaceutical supply, this agreement supports continuity and expansion of access to medicines across UK healthcare. For patients and the healthcare practitioners who care for them, this means fewer interruptions and more predictable access to care."
For more information:
Tilray
www.tilray.com
