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MedVantx Announces End of Runway Pharmacy to Offer Enhanced Specialty Pharmacy and Direct-to-Patient Medication Access Services
Date:8/6/2014

SAN DIEGO, Aug. 6, 2014 /PRNewswire/ -- MedVantx, Inc., a leading provider of medication access, adherence and direct-to-patient consumer programs, today announced it will create a specialty pharmacy on-site at the UPS Global Healthcare campus and adjacent to UPS Worldport, UPS's worldwide air hub located at Louisville International Airport in Louisville, KY and the largest fully automated package handling facility in the world.  This new end-of-runway specialty pharmacy expands on the MedVantx Omni-Channel/HUB services pharmacy strategy to now provide manufacturers, payors and health systems with enhanced cold chain logistics capabilities, cGMP consigned inventory models and direct-to-patient delivery programs that will significantly increase speed to therapy, improve medication adherence and reduce overall supply chain expenses.

The specialty pharmaceutical marketplace is expected to more than quadruple by 2020, reaching approximately $402 billion a year.  And, the pharmaceutical industry is seeking new HUB services and direct-to-patient platforms that can manage traditional prescription medications as well as the unique supply chain requirements of specialty products in a single integrated platform.  MedVantx pioneered the pharmaceutical industry's first anticipatory delivery channel of prescription medication therapy through the company's proprietary "ATM-like" medication management platform, MedStart™ Connect that allows medications to be provided directly to consumers at the point of care and has been shown to significantly improve primary and secondary adherence. Now, with the new cGMP-compliant end-of-runway pharmacy at UPS's Worldport air hub, which will feature controlled substance storage and support the full range of temperature-sensitive products, MedVantx can provide a broader array of direct-to-consumer distribution services, with industry
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SOURCE MedVantx, Inc.
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