Business
Business

UPS acquiring medical shipper Marken

UPS
UPS
By
Nov 7, 2016

Sandy Springs-based UPS is acquiring medical shipper Marken in a move to boost its position in the healthcare logistics and supply chain industry.

Marken, which is based at the Research Triangle Park in Durham, N.C., specializes in logistics for clinical trials. It is privately-held and has 44 locations around the world and more than 650 employees who manage drug and biological shipments.

The companies did not disclose terms of the deal, which is expected to close by the end of the year subject to regulatory approvals.

Marken CEO Wes Wheeler will continue to lead the Marken business, which will be a wholly-owned subsidiary of UPS.

The Marken deal is part of a string of UPS investments and acquisitions in clinical trial logistics for drug and vaccine research. The shipments of biological samples from clinical trial sites to central laboratories require specialized handling, since they are urgent and often need to be kept at specific temperatures.

About the Author

As business team lead, Kelly Yamanouchi edits and writes business stories. She graduated from Harvard and has a master's degree from Northwestern.

Follow Kelly Yamanouchi on facebookFollow Kelly Yamanouchi on twitter
More Stories

Keep Reading

OHM will take over management of Concourse C's food court at the Atlanta airport. (Kelly Yamanouchi/AJC)

Credit: Kelly Yamanouchi/AJC

Atlanta airport’s troubled Concourse C food court gets new management

OHM Concession Group will take over the Atlanta airport's Concourse C food court, as well as restaurants in Concourses B and F.

2h ago

The busiest days at the Atlanta airport this Thanksgiving

Airport officials expect more than 4 million passengers to travel through the world’s busiest airport between Friday, Nov. 21, and Tuesday, Dec. 2.

Travel back to ‘normal’ this weekend if government reopens, Delta CEO says

Delta Air Lines CEO Ed Bastian also told CNBC that Thanksgiving’s busy travel season should also be fine. “Bookings look good.”

The Latest

Older model used vehicles for sale at an independent dealership in Chattanooga, Tennessee, on Nov. 11, 2023. Photo courtesy of Chris Hardesty.

Credit: Special

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

OPINION

Saying goodbye to the Porsche 718 Cayman — for now

Featured

Lt. Gov. Burt Jones — pictured at an August rally in Peachtree City that also featured Vice President JD Vance — appears to have scored another legal victory over gubernatorial rival Attorney General Chris Carr in their battle over campaign finance issues. (Arvin Temkar/AJC 2025)

Credit: Arvin Temkar / AJC

Lt. Gov. Burt Jones scores another victory over use of campaign cash

Lt. Gov. Burt Jones appears to have scored another victory over Attorney General Chris Carr as the Republican gubernatorial candidates battle over campaign finance issues.

Falcons QB Michael Penix Jr.’s season is over; needs surgery to repair ACL

Michael Penix Jr., whom the Falcons hoped was their quarterback of the future, will undergo season-ending surgery to repair a partially torn ACL in his left knee.

Typewriter Tom fuels a growing interest in analog writing devices

Roswell's Tom Rehkopf owns about 1,000 typewriters, which he tinkers with at his workshop and happily shares with fellow aficionados, curious youngsters and even Tom Hanks.