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Leading national provider of hospital pharmacy-outsourced sterile compounding services

Investment: 2014

PharMEDium is the national leader in hospital pharmacy-outsourced sterile compounding services. PharMEDium serves more than 2,600 acute-care hospitals, including integrated delivery systems, academic medical centers, hospital groups, and standalone urban, suburban and rural hospitals. PharMEDium’s outsourced sterile compounding services are used by hospitals, primarily to facilitate ready-to-use intravenous drug delivery to patients. Using only FDA-approved drugs, diluents and containers, the Company creates compounded sterile preparations (“CSPs”), which are not otherwise commercially available in the marketplace. PharMEDium provides CSPs in ready-to-use presentation with enhanced safety, labeling, sterility and shelf life, typically exceeding what hospital pharmacies can produce themselves. CD&R Advisor Ron Williams serves as Chairman of the company.