Navigation Links
Medbox Developing a Patent Pending Wall-Mounted Biometric Kiosk for Storage of Sensitive Medicine Samples and Supplies for Doctor's Offices.
Date:5/16/2012

HOLLYWOOD, Calif., May 16, 2012 /PRNewswire/ -- Medbox, Inc. (Pinksheets: MDBX) (www.medboxinc.com) announced today that the company is developing a new, highly secure, automated kiosk for the storage of medicine supplies within doctor's offices. The system, which uses biometric fingerprint recognition, safely stores medicines and only allows authorized individuals to obtain access. The system also provides a permanent record of each retrieval – archiving the name of the individual that obtained the medicine, the time of day, the name and quantity of the medicine, and a photograph of the event.

The Medbox Storage and Access System (SAS) was developed in response to the growing need for better and more secure storage of medicines and sensitive supplies in doctor's offices, clinics, hospitals, and pharmacies.

It is estimated that over $100 million worth of prescription medicine is stolen each year. Just last week, eleven people were charged with the theft of over $75 million worth of prescription medicines from an office in Connecticut.

The stolen medications, including Zyprexa (olanzapine), Cymbalta (duloxetine), Prozac (fluoxetine), and Gemzar (gemcitabine for injection), were recovered in a Florida warehouse. Authorities say the perpetrators would have escaped undetected if it weren't for a fingerprint left behind at the scene of the crime.

"For several years now, theft in the pharmaceutical sector has been on the rise, exacting a terrible cost on the industry and danger to the public," said US Attorney David Fein, in an article appearing in The New York Times.

This particular theft is notable because the drugs stolen by the thieves are not the usual targets, which are often addictive painkillers like Oxycodone or Fetanyl.  On the contrary, the drugs at the center of this theft consist of costly specialty items that treat chronic conditions such as cancer, arthritis, Crohn's disease, and autoimmune disorders, and pose a real danger, especially if they aren't properly stored, refrigerated, or handled before they are used by patients.

The Medbox System is the world's first secure method to safely store medicine, control access based on customized preferences (certain employees can obtain access to certain medications), and provide an unalterable permanent record of each time a medicine was accessed. This allows pharmacists and doctors to increase security without any hindrances, and lower risk of theft and potential liability.

About Medbox, Inc: 

Medbox is a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medicine and merchandise. Medbox has offices throughout the world, including New York, Tokyo and Toronto, and has their corporate headquarters in Los Angeles.

Medbox provides their patented systems, software and consulting services to pharmacies, urgent care centers, clinics, hospitals, and medical groups worldwide.

Medbox, Inc. is a publicly traded company, and is listed on the OTC Board, ticker symbol MDBX.

For more information on Medbox, please contact the Medbox Investor Relations Department at (800) 762-1452 or go online to www.medboxinc.com.


'/>"/>
SOURCE Medbox, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related biology news :

1. AVT Partners with MedBox to Provide New Biometric Fingerprint Recognition for Secure Automated Retailing
2. Medbox, Inc. Announces New Board of Directors After Acquisition of Prescription Vending Machines, Inc.
3. Medbox, Inc. Announces Approval in Colorado House Bill (HB1043)
4. Medbox, Inc. Announces New Product Line for 2012
5. Medbox, Inc. Announces Top-Tier Rating by Dun & Bradstreet Credibility Corporation
6. Repair in the developing heart
7. Space researchers developing tool to help disoriented pilots
8. Carnegie Mellon developing automated systems to enable precision farming of apples, oranges
9. Scientists developing food allergy treatment
10. Pigs and dogs can bridge gap between mice and humans in developing new therapies
11. Nutrigenomics -- developing personalized diets for disease prevention
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2016)... India , April 28, 2016 ... Infosys (NYSE: INFY ), and Samsung SDS, a ... that will provide end customers with a more secure, ... services.      (Logo: http://photos.prnewswire.com/prnh/20130122/589162 ) , ... services, but it also plays a fundamental part in enabling ...
(Date:4/15/2016)... 15, 2016  A new partnership announced today ... underwriting decisions in a fraction of the time ... and high-value life insurance policies to consumers without ... With Force Diagnostics, rapid testing (A1C, Cotinine and ... (blood pressure, weight, pulse, BMI, and activity data) ...
(Date:3/31/2016)... March 31, 2016  Genomics firm Nabsys has completed ... Barrett Bready , M.D., who returned to the ... original technical leadership team, including Chief Technology Officer, ... Development, Steve Nurnberg and Vice President of Software and ... company. Dr. Bready served as CEO of ...
Breaking Biology News(10 mins):
(Date:6/23/2016)...  The Biodesign Challenge (BDC), a university competition that ... living systems and biotechnology, announced its winning teams at ... New York City . The teams, ... at MoMA,s Celeste Bartos Theater during the daylong summit. ... curator of architecture and design, and Suzanne Lee ...
(Date:6/23/2016)... ... ... In a new case report published today in STEM CELLS Translational Medicine, doctors ... being treated for breast cancer benefitted from an injection of stem cells derived from ... frequent side effect of cancer treatment. , Lymphedema refers to the swelling ...
(Date:6/23/2016)... , June 23, 2016 On Wednesday, ... at 4,833.32, down 0.22%; the Dow Jones Industrial Average edged ... closed at 2,085.45, down 0.17%. Stock-Callers.com has initiated coverage on ... ), Nektar Therapeutics (NASDAQ: NKTR ), Aralez Pharmaceuticals ... (NASDAQ: BIND ). Learn more about these stocks ...
(Date:6/23/2016)... , June 22, 2016  Amgen (NASDAQ: ... of the QB3@953 life sciences incubator to ... health. The shared laboratory space at QB3@953 was created ... a key obstacle for many early stage organizations - ... of the sponsorship, Amgen launched two "Amgen Golden Ticket" ...
Breaking Biology Technology: