GENCO Canada
Develops innovative RFID application for Schedule II drug processing
PITTSBURGH, Pa. - March 03, 2009 - GENCO Pharmaceutical Services (GPS), a GENCO Supply Chain Solutions company and the pharmaceutical industry’s leading processor of pharmaceutical returns, today announced it received the Healthcare Distribution Management Associate’s (HDMA) Service Provider Runner-up iBusiness Solution Award at the HDMA Distribution Management and Technology Expo for its innovative application of RFID technology in the processing Schedule II drugs.
HDMA iBusiness Solution Awards have honored forward-thinking companies since 1987. These prestigious awards recognize HDMA members for technology-enabled process improvements in the healthcare industry. GPS was nominated by Cephalon. Winners are chosen by members of HDMA’s Industry Relations Council based on criteria that includes: value from productivity gains, new or expanded market access, new services to existing customers, improved customer service or satisfaction, eliminating time/costs in the supply chain and innovative use of technology.
“We are extremely honored to receive this award from HDMA and to be nominated by Cephalon, one of the world’s top ten biopharmaceutical companies,” said Larry Hruska, president of GENCO Pharmaceutical Services. “It’s through our teammates’ commitment to implementing innovative technology, improving processes and delivering initial and ongoing value that makes our success possible.”
About GENCO Supply Chain Solutions
GENCO Supply Chain Solutions is North America's largest U.S.-based and a Global Top 50 third-party logistics provider and the recognized leader in Reverse Logistics. The company manages over 130 operations and 37 million square feet of warehouse space throughout North America for a diverse range of retail, manufacturing and government customers. The company provides initial and ongoing value through a complete range of solutions, including contract logistics, transportation logistics, parcel negotiation and audits, reverse logistics, damage research, product liquidation, pharmaceutical services, government solutions and supply chain technology solutions. For more information, visit www.genco.com.
About GENCO Pharmaceutical Services
GENCO Pharmaceutical Services, formerly Capital Returns, Inc., is the leader in pharmaceutical trade, sample and clinical trial returns and product recalls. GPS leverages its market position to transform pharmaceutical business activities into data-rich, systematic processes that provide critical business information and value to manufacturers, pharmacies and wholesalers. Through a state-of –the-art processing facility, GPS provides comprehensive pharmaceutical returns management services to over 60 pharmaceutical manufacturers, the biggest U.S. chain pharmacies, leading wholesalers and mail order pharmacies and specialty and infusion pharmacies.
