Banking & Finance team advise on Santander funding

The HubRx team has over 25 years of experience in digital healthcare and centralised automated dispensing. HubRx is developing the UK’s first state-of-the-art automated prescription assembly facility, purpose built for independently owned community pharmacies in Leeds. It is designed to help community pharmacists spend less time dispensing, so they can extend their clinical role.

HubRx is set to create 100 jobs when it launches and will free up qualified staff for services at upwards of 200 independent community pharmacies through its hub-and-spoke model. Its 40,000 sq ft fully automated facility, based at Logic Park in Leeds, will be able to accurately assemble, label, bag and check up to 12 million healthcare items per year.

Philip Scott led the Walker Morris team, supported by Laura Swift, Zara Shafiq (Banking & Finance) and Jo Stephenson (Corporate).

Andrew Russell, Relationship Director at Santander said:

“We are delighted to have supported HubRx with the acquisition of The Pharmacy Group, the acquisition will allow pharmacists to carry out more added value type work in support of the wider NHS strategy. It was great to have the team at Walker Morris alongside us in this deal providing great support and advice throughout. We look forward to working with the HubRx management team as they look to further build the already successful business over the coming years.”

Philip Scott, Banking & Finance Partner at Walker Morris added:

“We’re delighted to have advised the team at Santander on this latest funding for HubRX. Santander has a strong track record in helping businesses to support their future growth ambitions and we’re sure that this funding will help HubRx to continue to drive their business forward.”