Financial Times FT.com

Martindale is put up for sale by Cardinal

By Martin Arnold, Private Equity Correspondent

Published: September 20 2009 23:22 | Last updated: September 20 2009 23:22

The UK’s leading maker of methadone, which is used to treat heroin addicts, has been put up for sale by Cardinal Health, its US parent, attracting interest from a crowd of private equity groups.

Martindale Pharmaceuticals, which controls about half the methadone market in the UK, also makes diamorphine, a legally prescribed controlled form of heroin, as well as more than 100 generic drugs, including adrenaline, morphine sulphate and codeine.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this