Codonics Inc. has ordered eight additional WasteLog® systems from Pharmacolog for immediate delivery. The systems will be delivered with software that enables scanning of Codonics Safe Label System (SLS) barcodes.
In December 2020, Codonics Inc, Middleburg Heights, Ohio, US and Pharmacolog entered into a long-term partnership agreement for the US market. In January, Codonics ordered the first eight systems, out of which five have been delivered. The remaining three WasteLog® systems will be delivered together with five units from the new order. All systems will be installed at several different customers in the US who have ordered WasteLog® systems from Codonics. The total order value amounts to approximately SEK 1.7 million.
Codonics Safe Label System (SLS) registers all drugs used, especially in surgery and intensive care, and creates unique labels to improve safety and accuracy of medication management. By reading these labels, the current drug and concentration are automatically registered in the WasteLog® system.
Mats Högberg, CEO, comments: “We are extremely pleased to be able to deliver eight WasteLog® systems to Codonics. Although the pandemic has complicated the situation, Codonics has through methodical and professional sales work, managed to take orders during the fall. There is also a growing interest in systems offering effective control of returned narcotic drugs, so we have high hopes for an exciting 2022.”
This information is insider information that Pharmacolog AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, on December 14, 2021 at 10:30
About Pharmacolog AB
Pharmacolog provides solutions and products that enhance work efficiency and safety when preparing injectable medication. Our goal is to help prevent medication errors and ensure maximum medication efficacy when treating patients with powerful yet potentially harmful injectable drugs. Pharmacolog’s products, DrugLog®, WasteLog® and PrepLog®, help staff at pharmacies and hospital wards minimize the risk of errors in the compounding process. Furthermore, by verifying that drugs and narcotics used in surgery have not been tampered with, our solutions also make a vital contribution to preventing drug diversion.