AnazaoHealth
 
Call Us:   1.800.995.4363    

[04/04/2006]  AnazaoHealth™ Corporation Completes Plum Creek Acquisition

AnazaoHealth™ Corporation announced today that it has purchased the assets of Plum Creek Pharmaceuticals, Inc. located in Amarillo, Texas.


Tampa, FL --(BUSINESS WIRE)—April 4, 2006—AnazaoHealth™ Corporation announced today that it has purchased the assets of Plum Creek Pharmaceuticals, Inc. located in Amarillo, Texas. The transaction, which was completed today, will allow Plum Creek, a national specialty pharmacy licensed in over 40 states, to continue to operate as a separate division within AnazaoHealth. Additionally, Plum Creek’s management and employees have all been retained to ensure a seamless transition.

“Adding the highly regarded Plum Creek Pharmaceuticals, combined with the efficiencies of the people and pharmacy in Texas, will enhance AnazaoHealth’s efforts to expand our domestic sales of pain management and custom pharmacy preparations and increase our ability to serve the western part of the United States,” said Jacob Beckel, Chairman and Chief Executive Officer of AnazaoHealth.

“We are extremely pleased to have completed the Plum Creek acquisition,” stated Chris Arnette, President and Chief Operating Officer of AnazaoHealth. “This acquisition fits perfectly within our strategic plan for growth and is a terrific complement to our existing Pain Management business. Additionally, this provides us a redundant facility and expands our operational capacity. We welcome the customers of Plum Creek.”

About Plum Creek Pharmaceuticals, Inc.

Plum Creek, a leading compounding pharmacy located in Amarillo, Texas specializes in oral preparations for pain management. Plum Creek has developed a Negative Abuse Potential® formulation on many oral opioid medications using the addition of an opioid antagonist to reduce opioid side effects and decrease the potential diversion of the medicine to a “street drug”. Unique formulations and strengths are available including slow-release capsules, lollipops and transdermal gels. Other offerings include specialized injectables for joint pain relief and restoration and local
anesthetics.

About AnazaoHealth Corporation

AnazaoHealth, headquartered in Tampa, Florida, 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, which includes pre-filled cassettes of steroid injections, intrathecal pump refills and other innovative therapies. AnazaoHealth, in its 46,000 square foot facility, specializes in compounding sterile preparations and is fully licensed to provide nuclear, radioactive materials and DEA controlled substances in all 50 states, the District of Columbia and Puerto Rico. Visit the AnazaoHealth Web site at www.anazaohealth.com.


  Return


AnazaoHealth®, Create, Heal, Live®, the Compass, and Zāo™ are trademarks of AnazaoHealth Corporation.

© 2008 AnazaoHealth Corp.  |  All rights reserved   |  Terms of Use  |  HIPAA Privacy |  Privacy Policy  |  Drug Free Workplace

Register  Admin Login