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CareFusion Acquires Technology for Sorting and Managing Dangerous Pharmaceutical Waste
Date:4/6/2011

SAN DIEGO, April 6, 2011 /PRNewswire/ -- CareFusion (NYSE: CFN), a leading global medical technology company, today announced it has acquired technology to automate the segregation of pharmaceutical waste, helping hospitals reduce cost, improve regulatory controls and facilitate environmental responsibility.

(Photo:  http://photos.prnewswire.com/prnh/20110406/LA78173)

(Logo:  http://photos.prnewswire.com/prnh/20100706/CAREFUSIONLOGO)

The problem of pharmaceutical waste is likely to reach a dangerous level, with U.S. hospitals purchasing more than 4 billion vials, bottles and ampoules containing hazardous materials and generating more than 84,000 tons of hazardous waste annually. According to a recent U.S. Geological survey, pharmaceutical waste was found in 80 percent of sampled water streams, contaminating drinking water. In 2008, another study found a vast array of pharmaceutical drugs present in the drinking water of 41 million American homes and in 24 major metropolitan areas.

The Environmental Protection Agency (EPA) has been ramping up enforcement nationwide. Hospitals may be fined up to $37,500 per infraction, per day, for improper disposal of pharmaceutical waste. Recently, a government-owned hospital was fined $51,501 and ordered to spend $500,000 to develop a program for pharmaceutical waste management; another large cancer hospital was fined $372,254 for improper handling and storage of hazardous pharmaceutical waste.

With the acquisition of Vestara, a Calif.-based company focused exclusively on developing solutions for the management of pharmaceutical waste, CareFusion expands its

SOURCE CareFusion
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