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In 1981, the Professional Compounding Centers of America (PCCA) was incorporated to provide compounded medications to patients, when the medicine became unavailable commercially. PCCA services pharmacies who provide these compounded medications, giving them training, recipes, and materials. [ 1 ]
Compounding happens for numerous reasons, including: Removing an allergen, like a dye or peanut oil, for a particular patient Making a liquid form of a medication for those who can’t swallow tablets
Cost Plus Drugs was launched in January 2022. [3] It was co-founded by radiologist Alex Oshmyansky and billionaire Mark Cuban.According to Cuban, in 2018, Oshmyansky contacted Cuban with an email titled "cold pitch" in which he asked Cuban to invest in a pharmacy he envisioned to manufacture generic drugs and skip the middleman wholesalers. [4]
In October 2020, Hims closed a deal with Oaktree Capital Management to go public through a blank check company, reaching a valuation of $1.6 billion. [7] As part of the deal, the company was renamed Hims & Hers Health Inc. [11] The transaction was completed in January 2021, and the company started trading publicly on the New York Stock Exchange.
The Mark Cuban Cost Plus Drug Company will begin manufacturing its own medications in Texas this week, cofounder and CEO Dr. Alex Oshmyansky announced Monday during a White House roundtable on ...
Due to the rising cost of compounding and drug shortages, some hospitals outsource their compounding needs to large-scale compounding pharmacies, particularly of sterile-injectable medications. Compounding preparations of a given formulation in advance batches, as opposed to preparation for a specific patient on demand, is known as "non ...
ApothéCure was a Dallas, Texas-based compounding pharmacy that specialized in custom compounded formulas and nutritional supplements for both patients and physicians. ApothéCure was a sister corporation of the Texas Institute of Functional Medicines.
A New England Compounding Center meningitis outbreak that began in September 2012 sickened 798 individuals and resulted in the deaths of more than 100 people. [2] [3] [4] In September 2012, the Centers for Disease Control and Prevention, in collaboration with state and local health departments and the Food and Drug Administration (FDA), began investigating a multistate outbreak of fungal ...
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