ELabsEurope admits need for bricks and mortar:
This article was originally published in Clinica
Executive Summary
ELabsEurope is looking to buy a traditional laboratory distribution business to augment its revenue. The European online distributor is looking to spend up to $10 million of its $20 million cash reserves. The market for online business-to-business trading in clinical supplies has yet to take off and last year pioneer company Ventro announced that it was closing its Promedix medical distribution site.