Becker's Healthcare September 9, 2021
Eleven health systems and group purchasing organization Premier have acquired a minority stake in Exela Pharma Sciences to support domestic production of pharmaceutical products, Premier said Sept. 8.
The health systems each signed multiyear commitments to buy a portion of their pharmaceutical products from Exela, based in Lenoir, N.C., through Premier’s GPO. The systems are expected to receive an uninterrupted supply of 19 pharmaceutical products, including several generic injectable drugs that frequently appear on the FDA’s shortage list.
The health systems participating in the deal are:
- Baystate Health (Springfield, Mass.)
- Genesis Health System (Davenport, Iowa)
- Henry Ford Health System (Detroit, Mich.)
- McLaren Health Care (Grand Blanc, Mich.)
- Memorial Healthcare System (Hollywood, Fla.)
- OSF HealthCare (Peoria, Ill.) ...
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