McKesson Corporation Completes Sale of Assets of Its Automated Prescription Systems Business.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- McKesson Corporation (NYSE NYSE See: New York Stock Exchange :MCK MCK McKinsey & Company (consulting firm) MCK Mohawk Council of Kahnawake (Quebec) MCK Mon Colle Knights (children's TV show) MCK Mirror Classes Kit MCK Maintenance Check ), announced today that it has completed the sale of the assets of its automated prescriptions systems business to Parata Systems. In addition, the two companies have entered into a long-term strategic alliance under which McKesson will become the sole third-party distributor Third-Party Distributor The name given to institutions that sell or distribute mutual funds to investors for fund management companies without direct relation to the fund itself. for all Parata products in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and become a significant minority investor in Parata. McKesson High Volume Solutions (HVS HVS Human Visual System HVS Herpesvirus Saimiri HVS High Voltage Software HVS High-Volume Sampler HVS Hard, Very Severe (rock climbing grade) HVS Hue, Value, Saturation (color model, aka HLS) ) and McKesson Pharmacy Systems (MPS) were excluded from this transaction. McKesson did not disclose terms of the deal. About McKesson McKesson Corporation (NYSE:MCK), currently ranked 16th on the FORTUNE 500, is a healthcare services and information technology company dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes and improving the quality and safety of patient care. Over the course of its 173-year history, McKesson has grown by providing pharmaceutical and medical-surgical supply management across the spectrum of care; healthcare information technology for hospitals, physicians, homecare and payors; hospital and retail pharmacy automation; and services for manufacturers and payors designed to improve outcomes for patients. For more information, visit us at www.mckesson.com. About Parata Parata Systems, founded in 2001, designs and markets the fully automated Robotic Dispensing System (RDS (1) (Remote Data Services) A set of programming interfaces from Microsoft that enables users to update data on the Internet or intranets from their ActiveX-enabled browser. ), marketed to retail, institutional and governmental pharmacies. Parata System's flagship product, Parata RDS (Robotic Dispensing System), counts 30 tablets/second to accurately process up to 154 prescriptions an hour. In about 20 seconds, Parata RDS selects and labels a vial, fills, caps and sorts by patient last name. Its drug-to-vial accuracy is 100 percent. And at just 12 square feet, the sleek, compact machine is an easy fit in any pharmacy, occupying the space of a single shelving unit. Parata Systems is based in Durham, N.C. Call, click or visit Parata Systems, www.parata.com, info@parata.com, 1-888-PARATA1 (727-2821). |
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