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Former PhRMA President Billy Tauzin Joins Leading 340B Drug Administrator
Date:8/17/2011

. The pharmaceutical industry provides the nearly $7 billion in annual funding for 340B via special pricing under federal regulation.

As CEO of PhRMA, Tauzin helped create the Partnership for Prescription Assistance (PPA), which provides free medicines to more than 6 million Americans who otherwise couldn't afford them. He will continue that push at CaptureRx by maintaining an open dialogue with drug manufacturers on compliance with the 340B program and the need to protect it.

CaptureRx manages one of the largest 340B programs in the country and operates the nation's largest 340B contracted pharmacy network.  The company is a pioneer and technology leader in 340B processing and automation through its "cloud" based platform called Cumulus. To learn more, visit www.CaptureRx.com.


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