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United States

Profile: Sharps Compliance Corp (SMED.OQ)

SMED.OQ on NASDAQ Stock Exchange Capital Market

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26 Aug 2016
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Sharps Compliance Corp., incorporated on November 17, 1992, is a service provider of waste management services, including medical, pharmaceutical and hazardous. The Company’s solutions facilitate the proper collection, containment, transportation and treatment of numerous types of healthcare-related materials, including hypodermic needles, lancets and other devices or objects used to puncture or lacerate the skin or sharps, and unused consumer dispensed medications and over-the-counter drugs. The Company serves customers in multiple markets, such as home health care, retail clinics and immunizing pharmacies, pharmaceutical manufacturers, professional offices, assisted living and long-term care, Government, consumers, commercial and agriculture, as well as distributors to markets. The Company’s solutions include Sharps Recovery System, TakeAway Environmental Return System, ComplianceTRAC, Route-Based Pick-Up Service, Universal Waste Shipback Systems and other solutions.

Sharps Recovery System is a solution for the containment, transportation, treatment and tracking of medical waste and used health care materials generated outside the hospital and large health care facility setting. The Sharps Recovery System includes a securely sealed, leak and puncture resistant sharps container in several sizes ranging from one quart to twenty gallons; shipping box with pre-paid priority mail postage; absorbent material; a bag for additional containment, and complete documentation and tracking manifest. The Sharps Recovery System is transported to its owned or contracted facilities for treatment. The Company provides electronic proof of receipt and treatment documentation to the customer through its SharpsTracer system.

TakeAway Environmental Return System is a solution that facilitates the proper disposal or treatment of unused dispensed medications and includes the TakeAway Environmental Return System and the RxTakeAway Recovery and Reporting System. The solution provides a means for individual consumers, retail or mail-order pharmacies, communities and facilities, including assisted living, long-term care and correction operations to facilitate the proper disposal of unused dispensed medications. The Company consists of customized containment, transportation, destruction or conversion and tracking services. The Company’s tracking system, MedsTracerSM, is designed for tracking unused dispensed medications, which assists pharmaceutical manufacturers in monitoring drug usage and provides data for patient management and compliance.

ComplianceTRACSM is Web-based version of the Company’s compliance and training program. The program includes employee training for Bloodborne pathogens, HHS-compliant HIPAA and Hazardous Communications. The online program also provides access to a database of over a million SDSs (MSDs), safety plans, regulatory information and facility self-audits. The program is designed to replace outdated hard copy manuals with an updated platform available across the clock.

Route-Based Pick-Up Service offer route-based medical and hazardous waste pick-up services to customers and prospects that have facilities or branches that generate quantities of medical or hazardous waste. Universal Waste Shipback Systems is a program with Veolia Environmental Services using RECYCLEPAK solutions for the collection, transportation and recycling of light bulbs, batteries and other mercury containing devices. The solution is marketed to existing and prospective customers as the Company’s line of medical waste and unused medication management solutions. Other Solutions, including SharpsTracer, Complete Needle Collection and Disposal System, Pitch-It IV Poles, Trip LesSystem, Sharps Pump and Asset Return System, Sharps Secure Needle Collection and Containment System, Sharps Medical Waste Management System (MWMS) and Spill Kit TakeAway Recovery System.

Company Address

Sharps Compliance Corp

9220 Kirby Dr Ste 500
HOUSTON   TX   77054-2534
P: +1713.4320300

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