Pharmaceutical Business review

Derma Sciences signs supply agreement with MedAssets

The three-year agreement, with effect from June 1, 2008, will help to introduce Medihoney Wound & Burn Dressing with active leptospermum honey to the organization’s growing customer base, and will provide these customers with a group discounted rate. Currently, MedAssets serves more than 125 health systems, 2,500 hospitals and 30,000 non-acute care healthcare providers. On an annual basis, MedAssets manages on behalf of its customers, an excess of $15 billion in supplies and services.

Ed Quilty, CEO of Derma Sciences, said: “This is an important milestone for us. Group purchasing agreements such as this one will open up vast new selling opportunities for our growing sales team. MedAssets is a prominent group purchasing organization and we are pleased they decided to enter into an agreement with Derma for our proprietary product. We look forward to educating their customers on the benefits of Medihoney.”