PharMEDium Healthcare supplies hospitals and pharmacies with sterile, pre-mixed specialty medications (known as admixture compounding). The company's products are primarily intravenous and epidural solutions geared towards pain management and anesthesia. It offers a variety of obstetric labor and delivery admixtures, as well as electrolyte, antibiotic, critical care, and anti-anxiety compounds. It also provides labeling, testing, and quality services, as well as customized drug admixtures. The company serves more than 1,800 hospitals across the US through its regional pharmacy compounding centers. Venture capital firm Oak Investment Partners owns an interest in PharMEDium.
Oak Investment Partners (also known as Oak Management), purchased its stake in the company in 2007. PharMEDium Healthcare had previously been acquired by private equity firm Baird Capital in 2003; it was formerly a subsidiary of Baxter Healthcare. – less