EXP has seen the increasing need of a turnkey solution for easily and compliantly managing pharmaceutical waste in U.S. hospitals. Vestara's EcoRex® addresses that need, and we are very excited to offer a solution that will empower our clients to help preserve the environment, be compliant, and cut costs
Irvine, CA (PRWEB) February 16, 2010
Vestara, the healthcare industry's only provider of automated pharmaceutical waste management solutions, announced a strategic partnership with EXP Pharmaceutical Services Corp., the nation's premier pharmaceutical returns and pharmacy services company.
The Vestara-EXP partnership stems from both companies' recognition of the industry's need for an effective solution that will allow healthcare entities to properly manage pharmaceutical waste and play a key role in helping to preserve the environment.
"EXP has seen the increasing need of a turnkey solution for easily and compliantly managing pharmaceutical waste in U.S. hospitals. Vestara's EcoRex® addresses that need, and we are very excited to offer a solution that will empower our clients to help preserve the environment, be compliant, and cut costs," said Kirk Herweck, EXP's Director of National Accounts and Business Development.
Through this partnership, EXP's current and future clientele will be offered market-leading pricing and service for Vestara's EcoRex, the industry's only, and patented, Automated Pharmaceutical Waste Management Solution. This make-sense solution automates the pharmaceutical waste management and sorting process, while providing data tracking with a manifest for every piece of pharmaceutical waste that is disposed.
EXP serves 70% of the U.S. hospital-based Reverse Distribution Market, represented by over 5,000 hospital customers. In addition to its well-established market dominance, EXP also has one of the most experienced regulatory-compliance staffs in the industry. EXP will actively offer and provide details of the Vestara solution in each of its client consultations, going forward.
"EXP's market leadership is a key component to this partnership. Instantly, Vestara's Pharmaceutical Waste Management Solution is available to over 70% of U.S. hospitals. We applaud EXP for taking a stand in providing to their customers an effective tool in defense of the environment," said Jon D. Holder, Vestara's Vice President of Business Development.
Vestara's EcoRex Automated Pharmaceutical Waste Management System utilizes barcode technology already widely used in hospitals to track drug utilization that prevents medication errors through a proprietary, continuously-updated database of more than 180,000 National Drug Code (NDC) products, to instantly categorize pharmaceutical waste at time of presentation. By automating the identification and sorting of different types of residual drugs, empty containers, and each hospital's unique admixtures, EcoRex® eliminates the human error and potential cross contamination inherent in manual sorting of pharmaceutical waste reducing the negative impact on the environment. Just as important, relevant data and an audit trail are provided in the form of comprehensive reports for client records.
For further information about the Vestara-EXP partnership and its products and services, please call 877-937-4397 or email rxwaste(at)expworld(dot)com.
Vestara, headquartered in Irvine, CA, provides proprietary technology to automatically identify, sort, and segregate hazardous and non-hazardous pharmaceutical waste into proper waste streams. Vestara's solutions not only assure clients will be compliant with all federal and state laws, but that they will experience a more efficient health system workforce and true cost savings in managing pharmaceutical waste. Most importantly, clients will play a critical role in preserving our precious environment. To learn more, please visit http://www.vestara.com.
About EXP Pharmaceutical Services Corp.
EXP Pharmaceutical Services Corp. provides reverse distribution services for the return and destruction of expired and unwanted pharmaceuticals. EXP is a leading member of the pharmaceutical reverse distribution industry specializing in product returns processing and other pharmacy services such as physical inventory and end-to end recall solutions. To learn more, please visit http://www.expworld.com.
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