Additional U.S. installations and new order from Codonics

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Pharmacolog’s partner, Codonics Inc. is installing WasteLog™ in two new hospital sites and placed another order to for eight Pharmacolog WasteLog™ units to be shipped immediately.

Pharmacolog’s exclusive distributor and strategic partner Codonics, Cleveland, Ohio has recently installed a WasteLog™ device at a leading hospital in Arkansas and will soon install four additional units in a prominent Northern California healthcare system. Codonics has also ordered eight additional WasteLog™ units from Pharmacolog for immediate delivery.

Drug diversion in healthcare is a pervasive problem. Every institution is vulnerable to diversion and must have a robust program to address it. An important part of such a program is an efficient and reliable waste screening process. The interest in assay devices used for waste screening of narcotic substances is steadily growing and as a result, Pharmacolog and Codonics are experiencing an increased demand for WasteLog™.

Mats Högberg, CEO Pharmacolog comments: “Codonics is doing a great job promoting our solutions and we are now starting to see the results of the market launch late last year. The sales funnel is rapidly growing as the demand for efficient waste screening equipment is increasing. Both companies are grateful to be part of the solution that is helping to prevent healthcare personnel from suffering from opioids and other narcotic substance-abuse.”

For more information contact:

Mats Högberg, CEO

Email: mats.hogberg@pharmacolog.com
Phone: +46
70-546 50 21

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 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.

The following trademarks are owned and protected by Pharmacolog i Uppsala AB: Pharmacolog™-logo, DrugLog™, WasteLog™, PrepLog™ and Pharmacolog Dashboard™.

Further information regarding the company is available at 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.

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