TCGRx Announces the Acquisition Of ARxIUM’S Panasonic Fastpak Exp and Fastpak 71 Pouch Packaging Business
5 April 2018
TCGRx, a recognized leader in pharmacy packaging and automation, today announced the acquisition of ARxIUM’s Panasonic FastPak EXP and FastPak 71 pouch packaging business line. The move extends TCGRx’s industry leadership position by providing increased penetration into the hospital market as well as continued expansion into Canada.
Automated pouch packaging is a core competency of TCGRx, as the company has installed over 700 packaging units since its inception in 2006. TCGRx Founder and Executive Chairman Duane Chudy was also the founder of the legacy business that TCGRx just acquired from ARxIUM. TCGRx based its next-generation ATP 2 pouch packaging technology on the FastPak EXP. As a result, all of the current solutions offered by TCGRx, including its InspectRx medication imaging system, are compatible and can be leveraged by pharmacies to lower costs and increase production. Chudy stated, “Our goal is to retain these customers by providing them with exceptional service and support, delivered by a highly skilled team with extensive industry knowledge. Additionally, by sharing the numerous advances TCGRx has made with similar automated packaging technologies, we can help these customers preserve and enhance their investment in their current product technology. We are confident this will result in enhanced patient safety, accuracy and profitability for them.”
Source: prweb.com