Navigation Links
MedVantx Achieves Significant Milestone of Providing Over $600 Million of Specialty Pharmacy Prescription Medications to Consumers
Date:11/7/2012

SAN DIEGO, Nov. 7, 2012 /PRNewswire/ -- MedVantx, Inc., the company that pioneered a unique direct to consumer pharmaceutical distribution channel in US physician offices announced today the Company's specialty home delivery pharmacy achieved the milestone of dispensing prescriptions valued at over $600M on an annualized basis.  The Company provides leading pharmaceutical manufacturers, physicians, health systems and payors novel distribution services, as well as fully transparent home delivery services to consumers nationwide via its state of the art pharmaceutical distribution facility located in Sioux Falls, SD.

"MedVantx is extremely excited to have achieved this significant company milestone," stated Ron Bertsch, RPh, General Manager of MedVantx Pharmacy Services.  "MedVantx has developed over 15 unique and customized prescription assistance and consumer access programs with 10 Fortune 100 companies.  These programs are designed to enable pharmaceutical manufacturers the ability to provide access to free medications to the indigent, uninsured and underinsured consumers.  Many of the products dispensed in the Company's programs are Specialty Pharmacy products consisting of high cost injectable, cold chain, or biotech medications and tend to serve patient populations that require significant care coordination.  This milestone reflects our ability to provide our customers and patients with a broad range of unique services in the market place," added Mr. Bertsch.

"The pharmaceutical industry is undergoing a structural shift from traditional brand name drugs to generic pharmaceuticals, but also to more specialty drugs—we address both these markets," stated Robert Feeney, Founder and Chief Executive Officer of MedVantx.  "The Prescription Assistance, Specialty Pharmacy and Cold Chain industry is growing rapidly with industry revenues which are expected to exceed $160 billion globally in 2013.  This rapid growth is coming at a time of significant supply chain consolidation and customers are seeking new channels.  MedVantx has carved-out a very specialized niche in the marketplace based on full financial transparency, mass customization techniques and the ability to provide novel solutions, for industry partners as well as consumers," added Mr. Feeney. 

About MedVantx, Inc.

MedVantx is an innovative consumer medication management and delivery company committed to streamlining access, reducing costs and providing helpful information to benefit patients, physicians, health plans, employers and manufacturers. The MedStart™ Connect program provides for a fully-automated, integrated, point-of-care to consumer home delivery channel focused on increasing the quality and cost effectiveness of the last non-managed pharmaceutical channel – the physician office sample closet. MedStart Connect includes free initial therapy samples of prescription and over-the-counter medication at the point of care, a consumer helpline providing drug information, adherence management services, and convenient consumer home delivery through its mail order pharmacy.  MedVantx Pharmacy Services, a wholly owned subsidiary of MedVantx, Inc., operates a state of the art pharmaceutical distribution facility located in Sioux Falls, SD.

MedVantx Pharmacy Services Contact:
Ron Bertsch
(605) 978-3930
ron.bertsch@medvantx.com

MedVantx Contact:
JD Haldeman
(858) 625-2990 ext. 130
JD.Haldeman@MedVantx.com


'/>"/>
SOURCE MedVantx, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. MedVantx Pharmacy Services Receives Coveted VIPPS Accreditation (Verified Internet Pharmacy Practice Sites)
2. MedVantx Names New VP Employer Solutions and Workplace Health
3. MedVantx MedStart™ Solves Problem Highlighted in Study Published in Journal of the American Board of Family Medicine - Expired Medications in Physician Office Sample Closets
4. Herborium Group Achieves Major Milestones While Making Significant Progress On All Fronts Of Marketing Its Products
5. Avanir Pharmaceuticals Achieves Commercial Milestones & Provides Clinical Updates
6. NKTR-192, A New Short-Acting Mu-Opioid Analgesic Molecule, Achieves Desired Pharmacokinetic Profile in First Phase 1a Clinical Study
7. ChemAxons JChem Cartridge Achieves Oracle Exadata Ready Status
8. Cipla Medpro Achieves "Worry Free" Supply Chain Planning with Help from ToolsGroup
9. ROX Medical secures financing and achieves key milestones in providing minimally-invasive approach for treating hypertension
10. SurgiCount Medical Achieves Landmark Product Usage And Customer Milestones
11. Plainfield Precision Achieves ISO 13485:2003 Quality Management Certification for Medical Device Manufacturing
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2016)... , April 28, 2016   Acsis , ... announced that leading IT market research and advisory firm ... in the IDC MarketScape: Worldwide Pharmaceutical Track and Trace ... The report provides an assessment of the capabilities and ... and trace software market. Logo - ...
(Date:4/28/2016)... New market research titled ... report that provides an overview of the Osteoarthritis,s ... identifying new targets and MOAs to produce first-in-class ... in this H1 2016 Osteoarthritis Pipeline report include ... Abiogen Pharma S.p.A., Ablynx NV, Achelios Therapeutics, Inc., ...
(Date:4/27/2016)... , le 27 Avril 2016 ... d,affaires a progressé de +5% sur le trimestre, ... récurrentes de consommables  Croissance de +16% ... Mauna Kea Technologies (Euronext : MKEA, ... d,endomicroscopie confocale laser, annonce aujourd,hui son chiffre d,affaires ...
Breaking Medicine Technology:
(Date:5/1/2016)... Mission Viejo, CA (PRWEB) , ... May 01, 2016 , ... ... plan for those in need of chiropractic help. The agency offers a verity of ... and any chiropractic need. According to Chris Nelson at the firm, “Many insurance plans ...
(Date:4/30/2016)... ... April 30, 2016 , ... The Hacking Medicine Institute ... to critically evaluate and rank health-focused applications and connected devices for better disease ... unbiased and accurate information to help accelerate patient and provider adoption of clinically ...
(Date:4/30/2016)... ... , ... well is a challenge for all of us, but there are things we can do to ... “Research is showing more and more that there are simple, yet important steps that can ... age.” Top priorities Dr. Kohli’s recommends for her patients include;, , exercise ...
(Date:4/29/2016)... Angeles, CA (PRWEB) , ... April 29, 2016 , ... ... Mirmelli, a mother and divorcee, shares her enthusiasm for Botox and lip injections, which ... the world famous youth oriented Coachella Valley Music and Arts Festival. The article explains ...
(Date:4/29/2016)... , ... April 29, 2016 , ... Our bodies are ... way to confront and deal with these stressors is to adopt a more healthful ... good for you. Risa Groux, a certified Holistic Nutritionist and the creator of the ...
Breaking Medicine News(10 mins):