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Central Admixture Pharmacy Services, Inc. (CAPS(R)) Acquires SoluNet LLC; Addition of SoluNet Facilities Marks Continued Company Growth, Commitment to Quality Admixture and Customer Support.

BETHLEHEM, Pa. -- Central Admixture Pharmacy Services, Inc. ("CAPS(R)"), the industry leader in providing high quality intravenous admixture services to over 1,000 hospital and home infusion pharmacies, announced today that it has acquired substantially all of the business assets of SoluNet LLC (an affiliate of Coram, Inc. ("Coram")) related to the outsourced provision of IV admixtures of Total Parenteral Nutrition, cardioplegia, renal replacement solutions, and IV drug therapies to hospital pharmacies from four locations.

"I have great admiration for the people and policies at Coram and SoluNet. SoluNet's business is a perfect addition to CAPS as we expand our network of licensed pharmacies to Connecticut, West Virginia and western New Jersey," said Eric Steen, President of CAPS. "The addition of the new SoluNet facilities, combined with our newly opened pharmacies in Orlando and New Orleans and our recently introduced controlled substance offering, will enable us to play a larger role in helping our customers improve quality and reduce cost."

CAPS is a service designed to support pharmacists by providing a cost-effective outsourcing alternative for sterile compounding. In operation since 1991, the CAPS national network of regional compounding centers provides daily admixing and delivery of parenteral drugs and nutrition solutions to institutional customers in all 50 states. For more information on CAPS, visit www.capspharmacy.com. CAPS is a member of the B. Braun Group of Companies. For more information on B. Braun, visit www.bbraunusa.com.

Coram, Inc. is a leading national provider of specialty home infusion and specialty pharmaceutical distribution services. With more than 70 full-service branch pharmacies, the company offers both national presence and comprehensive local coverage. Coram's 25 years of experience, clinical expertise and commitment to positive outcomes has earned it a reputation for excellence among patients, clinicians and payors nationwide. For more information about Coram, visit http://www.coramhc.com or call 1.800.CoramHC.
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Publication:Business Wire
Date:Aug 31, 2006
Words:310
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