Revitalized HDMA Foundation Announces New Focus on Healthcare Supply Chain Research and Education
The Healthcare Distribution Management Association Research and Education Foundation (HDMA Foundation) announced a revitalized mission as HDMA’s research and education partner at the 2005 HDMA Annual Leadership Forum. The HDMA Foundation will conduct research and analyses to help further secure the healthcare supply chain, improve business efficiencies and demonstrate the value of distribution to business partners and the public.
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GENCO Acquires Capital Returns
GENCO announced it has acquired Capital Returns, a industry leader in pharmaceutical returns management and disposition, headquartered in Milwaukee, Wis. Capital Returns will operate as a separate GENCO business unit under its existing name and current president and CEO, Robert Ryan. Republic Partners represented and advised GENCO on the transaction. Terms of the acquisition were not disclosed.
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HDMA Elects New Officers to Board of Directors
The Healthcare Distribution Management Association (HDMA) elected new officers to its board of directors at the recent 2005 HDMA Annual Leadership Forum. Effective immediately, HDMA’s new Chairman is Chris Mitiguy, vice president of Burlington Drug Company. HDMA’s vice chairman is Mark Parrish, president and COO, Supply Chain Services-Pharmaceuticals, Cardinal Health Inc.
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HDMA Honors Diana Winners at 2005 Annual Leadership Forum
HDMA presented 12 Distribution Industry Awards for Notable Achievements in Healthcare (DIANA) to leading healthcare manufacturers at the recent 2005 Annual Leadership Forum. Since 1959, DIANA has been awarded to pharmaceutical and consumer product manufacturers that set the standard of excellence in new product introductions and promotions on behalf of patient health. Winners also are recognized for efficient, flexible and innovative business practices that benefit HDMA member distributors and the healthcare supply chain.
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HDMA Calls For Federal Licensure of Nation’s Healthcare Distributors
The Healthcare Distribution Management Association (HDMA) has called for tough, uniform federal licensing standards for prescription drug distributors to further secure the pharmaceutical supply chain and enhance patient safety.
“The time has come for uniform, federal standards for the licensing of pharmaceutical distributors,” said HDMA president and CEO John M. Gray. “Maintaining the integrity of the United States’ prescription drug supply is a compelling national priority that requires a national solution involving members of the supply chain working closely with government.
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