Pharmacolog’s partner, Codonics, to deliver leading Ohio hospital with WasteLog® to assist with drug diversion prevention initiative.
Codonics, the exclusive U.S. distributor of WasteLog®, is helping U.S. hospitals reduce the potential threat of drug diversion with WasteLog®, a drug assay device that helps eradicate diversion. The company placed an order for a WasteLog® system which will be installed at TriHealth Good Samaritan Hospital, the oldest and largest private teaching and tertiary healthcare facility in Greater Cincinnati, Ohio, and part of one of the most integrated healthcare systems in the U.S. WasteLog® is being implemented as a best practice approach to help ensure the chain of custody for handling controlled substances and will help create a reliable safeguard to maintain the integrity of safe medication practices to protect against diversion. The WasteLog® unit will be delivered against the call-off order for eight systems that was announced on January 21st, 2021.“This is yet another prestigious order for WasteLog® achieved by Codonics. We are very grateful to have such a driven and well-established partner in the US. Their existing network, their knowledge about the market, and expertise in medication safety is extremely important for rapid growth in North America,” stated Mats Högberg, CEO, Pharmacolog.
“We are honored to implement additional technology to help TriHealth Good Samaritan Hospital continue their mission to improve safety and quality of care throughout their organization. WasteLog® integrated with their Codonics Safe Label System® provides them with a way to electronically identify the drug and concentration, date and time of preparation, and preparer’s initials from wasted syringes, saving them time and ensuring accuracy,” said Michael Kolberg, VP Sales for Codonics.
“Codonics has been one of our trusted partners since 2014. Codonics Safe Label System® has been implemented in all of our OR’s throughout TriHealth. We are impressed with their ability to work with other vendors to provide integrated solutions that improve efficiency, compliance, and ultimately patient safety. We are excited to take this next step with Codonics and Pharmacolog as we begin utilizing WasteLog® as part of our diversion detection and prevention program,” stated Amy Cobb, PharmD, RPh, Senior Director of Pharmacy, TriHealth.
For more information contact:
Mats Högberg, CEO
Phone: +46 70-546 50 21
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 August 20, 2021 at 08:50.
About Pharmacolog AB
Pharmacolog is specialized in developing systems and solutions for more effective and safer use of intravenous drugs. The company’s first product, DrugLog®, enables a nurse or pharmacist to quickly and easily verify that an injectable drug has the right identity and concentration. Pharmacolog’s long-term vision is an individually optimized medication for each individual patient, considering all available parameters in the control and distribution of the drug. Further information regarding the company is available at http://www.pharmacolog.com. The company’s Certified Adviser is Mangold Fondkommission AB, which can be reached on telephone number +46 8-5030 15 50 or through CA@mangold.se.