Important Issue at Crux of Environment, Drug Regulations, Child/Public Safety and Healthcare Reform
Pittsburgh, PA (Vocus) July 8, 2010 -- GENCO Supply Chain Solutions, North America’s second largest and a Global Top 50 third-party logistics provider, today announced that Mary Hendrickson, Director of Quality and Regulatory Affairs, GENCO Pharmaceutical Services, spoke on June 30 before the U.S. Senate Special Committee on Aging during a hearing on drug waste and disposal. Hendrickson’s testimony transcript and video of the hearing are available on the U.S. Senate Web site. Chairman Kohl (D-WI), along with Senators Corker (R-TN), Collins (R-ME) and Casey (D-PA), attended the hearing. The majority of the witnesses asked for changes to the Controlled Substance Act to allow non-DEA registrants the ability to accept controlled substances through take-back programs. The DEA is on record supporting H.R. 1359 which would give the DEA this authority.
Covered in the testimony is the intersection between drug regulations, environmental concerns and the human tragedy associated with overdoses on prescribed drugs found in medicine cabinets, a human health issue that could have implications within broader healthcare reform initiatives. The panel statements included a drug enforcement official who indicated that a nationwide drug take-back initiative is in the planning stages; a parent who lost a son due to the use of an unused prescription medication left in a medicine cabinet; and among others, Stevan Gressitt, Founding Director, Maine Institute for Safe Medicine, Faculty Associate University of Maine, Center on Aging, who discussed Maine’s statewide program allowing consumers to return unused drugs back to the DEA through the U.S. Postal Service – the program has recovered one ton of unused pharmaceuticals since 2007, saving the state $250,000 per year in associated costs.
Covered in Mary Hendrickson’s statement were the following:
As the leader in pharmaceutical returns for industry, GENCO is well-poised to manage the logistics of a nationwide take-back program. Government’s healthcare reform initiatives may point the nation in the direction of improved data collection regarding the costs associated with over-prescribing, the human tragedy of overdoses associated with the medicine cabinet and the environmental issues with poor disposal – including the issue of medication seepage into the water supply. Legislation reform to address the legislation impeding drug take-back programs is expected over the next two years.
About GENCO Pharmaceutical Services
GENCO Pharmaceutical Services (GPS), a wholly owned subsidiary of GENCO Supply Chain Solutions, is the leader in pharmaceutical trade, sample and clinical trial returns and product recalls. GPS transforms pharmaceutical business activities into data-rich, systematic processes that provide critical business information and value to manufacturers, pharmacies and wholesalers. Through a state-of-the-art processing facility, the company provides comprehensive pharmaceutical returns management services to 67 pharmaceutical manufacturers, the biggest U.S. chain pharmacies, leading wholesalers and mail order pharmacies and specialty and infusion pharmacies. For more information, visit www.gencopharma.com.
About GENCO Supply Chain Solutions
GENCO Supply Chain Solutions is North America's 2nd largest and a Global Top 50 third-party logistics provider and the recognized leader in reverse logistics. The company manages 125 operations and 37 million square feet of warehouse space throughout North America for a diverse range of retail, manufacturing and government customers, including many Fortune 500 companies. The company provides initial and ongoing value through a complete range of solutions, including contract logistics, transportation logistics, parcel negotiation and audits, reverse logistics, damage research, product liquidation, pharmaceutical services, government solutions and supply chain technology solutions. For more information, visit www.genco.com.
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