CareFusion, a medical technology company, has announced it has acquired Vestara, a California-based company focused on developing solutions for the management of pharmaceutical waste.
The company said the acquisition will give CareFusion technology to sort and manage dangerous pharmaceutical waste through the expansion of its Pyxis medication management portfolio, according to a news release. Through the acquisition, CareFusion adds the Pyxis EcoStation — a hardware and software system that can help hospitals identify, classify and segregate pharmaceutical waste, while providing records to facilitate tracking and regulatory controls.
CareFusion said this will help hospitals reduce cost, improve regulatory controls and facilitate environmental responsibility.
"Pharmaceutical waste management is a challenging issue, with many of the nation's hospitals remaining non-compliant due to complex handling requirements specific to each medication classification and varying regulations at federal, state and local levels," said Tom Leonard, president of Dispensing Technologies at CareFusion, in the release. "CareFusion can now help in a way that protects their employees, the environment and their bottom line."
Read the news release about the acquisition of Vestara by CareFusion.
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- CareFusion Sells International Surgical Products to Medline for $130M
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