Profile: Sharps Compliance Corp (SMED.OQ)
11 Dec 2013
Sharps Compliance Corp. (Sharps) is a provider of solutions for management of medical waste and unused dispensed medications. The Company's solutions facilitate the proper treatment of numerous types of items, including hypodermic needles, lancets and other devices or objects used to puncture or lacerate the skin, or sharps, and unused consumer dispensed prescription and over-the-counter drugs and medications. The Company serves customers in multiple markets such as home health care, retail clinics and immunizing pharmacies, pharmaceutical manufacturers, professional offices (physicians, dentists and veterinarians), hospitality (including assisted living facilities, hotels, motels and restaurants), government (federal, state and local), consumers, commercial, industrial and agriculture, and distributors to many of the aforementioned markets.
Sharps Recovery System
Sharps Recovery System is a solution for the containment, transportation, treatment and tracking of medical waste generated outside the hospital and large health care facility setting. The Sharps Recovery System includes a sealed, leak and puncture resistant sharps container in several sizes ranging from one quart to 18 gallons; United States Postal Service (USPS) approved shipping carton with pre-paid priority mail postage; absorbent material inside the container that can hold up to 150 milliliters of fluids; a red bag for additional containment, and complete documentation and tracking manifest. The Sharps Recovery System is transported to its facility for treatment. Upon treatment or conversion of the waste, Sharps provides electronic proof of receipt and treatment documentation to the customer through its SharpsTracer system.
TakeAway Environmental Return System
RxTakeAway 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, communities and facilities, such as pharmacies, assisted living facilities, long-term care facilities, mail-order pharmacies and correctional operations, to manage their unused dispensed medications (other than controlled substances) and consists of customized containment, transportation, destruction or conversion and tracking services. Its tracking system, MedsTracer, is designed for tracking unused dispensed medications, which assists pharmaceutical manufacturers in monitoring drug usage and provides critical data for patient management and compliance.
The Complete Needle is designed for self-injecting consumers and includes the Company's containment, packaging, return shipping through the United States Postal Service, tracking and treatment. It provides the individual self-injector with containment solution designed to protect self-injectors and the product includes an optional disposal feature utilizing the USPS designed to protect the individual's community, solid waste workers and the environment.
ComplianceTRACSM is a Web-based version of the Company's compliance and training program. ComplianceTRACSM is designed to improve worker safety while satisfying applicable Occupational Safety and Health Administration (OSHA) and other requirements for the end-user.
SharpsTracer is a solution that provides customers with an electronic record of receipt and treatment of their waste to meet regulatory requirements. SharpsTracer eliminates the need for traditional paper-based methods of tracking and is designed to enhance customer efficiencies with an automatic evidence of proof of receipt and treatment and market data capabilities.
The Company’s other solutions include a variety of other logistical products solutions. It includes Pitch-It IV Poles, Trip LesSystem, Sharps Pump and Asset Return Box, Sharps Secure Needle Collection and Containment System, Sharps MWMS, and Spill Kit TakeAway Recovery System.
Sharps Compliance Corp
Suite 500, 9220 Kirby Drive
HOUSTON TX 77054