Congressman David Price Visits Centice Corporation®

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Centice Corporation, a pioneer in drug verification and safety products, announced today that Congressman David Price visited Centice headquarters on January 29th.

Congressman Price with Centice CTO, Prasant Potuluri, PhD

”We are ready to help. Centice offers great products with a wide range of applications. The technology is impressive with a promising venture,” said Congressman Price.

Centice Corporation, a pioneer in drug verification and safety products, announced today that Congressman David Price visited Centice headquarters on January 29th to learn more about new technologies that have been developed in his district to reduce medication errors in retail and hospital outpatient pharmacies nationwide. Centice also described new technologies and products that can be further developed for government markets, which would in turn create additional jobs at the company’s headquarters in Morrisville, NC.

Centice Corporation’s first retail product, PASS Rx, scientifically verifies within a closed pill vial, the majority of oral solid medications, to improve the dispense accuracy in pharmacies. PASS Rx is the most reliable solution to allow pharmacies to protect themselves and their patients.

PASS Rx, the first product in Centice’s road map was reviewed with Congressman Price, including discussions on how the medication identification system could be used in Veteran hospitals, private and public hospitals, Department of Defense applications, homeland security and law enforcement. The company’s next generation of products were described, as well as their possible markets, including the DEA, the FDA, large pharmaceutical companies and reverse logistics markets.

All systems utilize coded aperture Raman spectroscopy originally developed at Duke University and exclusively licensed by Centice Corporation.

”We are ready to help. Centice offers great products with a wide range of applications. The technology is impressive with a promising venture,” said Congressman Price.

“We were honored to have Congressman Price in our facility and were very proud to introduce our company, employees, technology and products to him. We hope to continue to work together with him in the near future,” said Scott Albert, Chairman of the Board and Chief Executive Officer of Centice.

About Centice Corporation
Centice, founded in 2004 and headquartered in Morrisville, NC, is commercializing patented and patent-pending computational sensor and machine vision technology. The PASS Rx® pharmaceutical authentication sensor system improves the verification process for dispensed medications, thereby improving quality and optimizing workflow in the pharmacy. The company has received venture capital investments from The Aurora Funds, Inc., Novak Biddle Venture Partners, S-Group Direct Investments Ltd, Innovation Ventures LP, Fulcrum Financial Group, L.P. and other private investors. More information on Centice can be found at http://www.centice.com.

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Stacy Stein
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