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Baxa Corporation Acquires Florida-Based ForHealth Technologies(TM)
Date:3/3/2009

Strategic acquisition by IV automation leader adds ForHealth's IV robotics and workflow management software

ENGLEWOOD, Colo., March 3 /PRNewswire/ -- Baxa Corporation, a leading developer of technology for the safe handling, packaging and administration of fluid medications, today announced that it has acquired ForHealth Technologies, Inc., a Florida-based healthcare robotics and software company, in a strategic expansion of its focus on health-system pharmacy automation and IV room productivity. Terms were not disclosed.

The ForHealth acquisition adds IntelliFill i.v.(R) and IntelliFlowRx(TM) to the existing Baxa products for pharmacy operations management. IntelliFill i.v., a high-speed robotic system for preparing intravenous doses, is an industry standard for performance, cost savings and patient safety. Through the preparation of more than 25 million patient doses, IntelliFill i.v. has proven itself in many of the most-respected US hospitals. IntelliFlowRx IV Room Workflow Manager promotes reductions in drug costs and waste, while ensuring patient safety and improving accuracy and efficiencies in manual IV compounding.

"The acquisition of ForHealth is a strategic move that expands our commitment to improving patient safety and enhancing the quality of life in health-system pharmacies," said Greg Baldwin, Baxa Chairman and CEO. "For decades, Baxa has led the industry in solutions for IV preparation. The powerful combination of the Baxa and ForHealth products and people will expand that leadership and accelerate customer deployment of IV automation solutions."

"We're excited to be joining the Baxa family. Baxa Corporation's leadership position and established credibility in hospital pharmacies will create new opportunities for ForHealth products," said Steve Thomas, ForHealth Chairman and CEO. "Hospital pharmacies now will have one clear choice when it comes to addressing their IV
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SOURCE Baxa Corporation
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