Pharma Investments, Ventures & Law Weekly
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Apexus Inc.
Apexus Wins U.S. Health Resources and Services Administration 340B Prime Vendor Contract
July 5th, 2009
Apexus, announced that is has been awarded the 340B Prime Vendor Contract by the U.S. Health Resources and Services Administration (HRSA). The five-year contract is effective September 10, 2009. Apexus has managed the Prime Vendor Program since June 2003 and was selected over two other companies in a recent competition. Apexus, a non-profit subsidiary of Provista Inc., currently represents over 9,000 of the government's eligible 340B facilities (including hospitals, community health centers and family planning clinics) which collectively represent 90 percent of reported purchases in the 340B Drug Pricing Program. These organizations spend more than $4.5 million on...
Source: Pharma Investments, Ventures & Law Weekly (2009-07-05)
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