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AnazaoHealth Corporation Completes Kronos Acquisition.


TAMPA, Fla. -- AnazaoHealth[R] Corporation announced today that it has purchased the assets of Kronos[R] Compounding Pharmacy located in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , NV. The transaction, which was completed today, will allow the Pharmacy to continue to operate as a business unit within AnazaoHealth's Custom Pharmacy division. Additionally, The Kronos' Pharmacy management and employees have all been retained to ensure a seamless transition.

"The addition of the highly regarded Kronos Compounding Pharmacy, combined with the expertise and proficiency of the pharmacy team and facility in Nevada, will further enhance AnazaoHealth's efforts to expand our domestic sales of our Custom Pharmacy division. Along with our Amarillo acquisition in 2006, this location will continue to enhance our ability to serve the western part of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ," said Jacob Beckel, Chairman and Chief Executive Officer of AnazaoHealth.

"We are extremely pleased to have completed the Kronos Pharmacy acquisition, which is our third in the last twelve months," stated Chris Arnette, President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of AnazaoHealth. "This purchase fits perfectly within our strategic plan for growth and complements our existing Custom Pharmacy business. The Kronos Pharmacy team is well respected as an industry leader. This will provide us the knowledge and bandwidth to expand into new markets. Furthermore, this provides us a prime location for our redundant facility and expands our operational capacity. It gives me great pleasure to welcome all the customers of Kronos Pharmacy."

About Kronos

Kronos Compounding Pharmacy is a subsidiary of Exeter Life Sciences, Inc. Kronos Pharmacy, located in Las Vegas, Nevada, compounds pharmaceuticals, dietary supplements and hormones for individual patients under a physician's care. Through its compounding services, Kronos Pharmacy customizes the preparation of capsules, sublinguals, injectables, creams and gels for the individual needs of a patient as determined by the physician's prescription. Kronos Compounding Pharmacy is licensed to serve patients in all 50 states.

About AnazaoHealth Corporation

AnazaoHealth, headquartered in Tampa, Florida “Tampa” redirects here. For other uses, see Tampa (disambiguation).
Tampa is a United States city in Hillsborough County, on the west coast of Florida. It serves as the county seat for Hillsborough County.GR6.
, focuses on patient specific preparations serving the nuclear medicine and pain management markets, as well as providing drugs used in clinical trials. AnazaoHealth is organized around four prescription and service divisions: Nuclear Medicine, Brachytherapy, Custom Pharmacy, and Pain Management. AnazaoHealth, in its 46,000 square foot facility located in Tampa and a 5,500 square foot facility located in Amarillo, TX, specializes in compounding sterile preparations and is fully licensed to provide nuclear, radioactive materials radioactive material Radiation A substance that contains unstable–radioactive–atoms that give off radiation as they decay. See Radioactive decay.  and DEA DEA - Data Encryption Algorithm  controlled substances in all 50 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States).  and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . Visit the AnazaoHealth Web site at www.anazaohealth.com.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 2, 2007
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