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Kroger Announces Merger with Axium Pharmacy
Date:11/15/2012

2011, 80% of new drugs approved by the FDA were specialty drugs.  Currently more than 700 specialty drugs are in the pipeline for approval.

"This partnership supports Kroger's long-term growth plans, with strong return on invested capital," said Rodney McMullen, Kroger's president and chief operating officer.

Kroger announced a new long-term growth strategy at an investor's conference in October.

Axium Healthcare Pharmacy

Headquartered in Lake Mary, Florida, Axium is one of the nation's largest independent providers of specialty pharmacy services, offering a range of clinical services to patients with complex chronic conditions. Through its additional pharmacy locations in Puerto Rico, Tennessee and Mississippi, Axium provides comprehensive specialty pharmacy services to patients throughout the United States and Puerto Rico.

Axium seamlessly addresses the clinical, administrative and financial needs of patients, referring physicians, insurance payers and pharmaceutical manufacturers.

  • For patients, Axium increases medication adherence and enhances the overall quality of patient care through personalized education and treatment, 24/7/365 clinical support and  side effect management;
  • For insurance payers, Axium delivers cost effective care management programs and data-driven clinical outcomes;
  • For manufacturers, Axium provides product training for patients, side effect interventions and reporting, and increased medication adherence; and
  • For physicians, Axium improves coordination of patient care through insurance eligibility verification, product consultation, patient monitoring, and clinical interventions to minimize side effects and avoid adverse drug interactions.      

Axium will continue to operate as an ind
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SOURCE The Kroger Co.
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