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Waste Management Subsidiary Acquires PharmEcology(R) Associates, LLC
Date:4/16/2009

MILWAUKEE, April 16 /PRNewswire/ -- WM Healthcare Solutions, Inc. (WMHS), a subsidiary of Waste Management, Inc., announced today that it has purchased substantially all of the assets of PharmEcology(R) Associates, LLC. PharmEcology provides pharmaceutical waste management consulting services to the U.S. healthcare industry through seminars, on-site risk assessments, and other custom consulting services, in addition to the PharmE(R) Waste Wizard and PharmE(R) Inventory Analysis.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090402/NY93570LOGO-b)

The purchase of the Milwaukee, Wisconsin-based business fits into Waste Management's strategy to expand its healthcare waste disposal services offered to hospitals and healthcare facilities.

Among other services, PharmEcology assists hospitals in identifying and segregating hazardous pharmaceutical waste and providing on-site risk assessments and action plans. More information about PharmEcology's services is available at www.pharmecology.com.

"By purchasing the assets of PharmEcology, WMHS can assist hospitals across the United States minimize the destructive impact of pharmaceutical waste on the environment by helping organizations to comply with state and federal environmental regulations in a cost-effective manner," said Ron Pierce, vice president of WM Healthcare Solutions.

PharmEcology Founder Charlotte Smith, who will join WMHS and remain with the business, said, "We are delighted to join forces with Waste Management, the country's largest provider of waste management services. WM Healthcare Solutions has the resources to allow us to expand our reach to greater numbers of hospitals who can benefit from our pharmaceutical waste consulting services."

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SOURCE Waste Management, Inc.
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