Healthcare Waste Solutions Inc. and Vestara Announce Strategic Partnership
IRVINE, CA, July 7, 2009 ? We would like to call your attention to a recent press release announcing the formation of a strategic partnership between Vestara, a Waveland portfolio company, and Healthcare Waste Solutions Inc. (HWS), a growing specialty waste management firm dedicated to providing innovative and comprehensive solutions for waste management in the healthcare community.
The goal of this partnership is to incorporate Vestara?s EcoRex®, which is the first automated solution to enable hospitals to become compliant with growing local, state and federal regulations pertaining to the management of pharmaceutical waste, into the HWS Complete Waste Solution? program, which provides thorough analysis regarding specific data on waste stream weights, volumes, price, and true cost as they relate to a health system?s total waste spend. HWS also provides operational assessment, recommendations and training based on patient and employee safety as well as environmental regulatory compliance as it relates to the collection, handling, movement, and storage of waste within healthcare systems.
The press release also states that Vestara?s EcoRex® technology, together with the HWS disposal solution, comprises the best hazardous and non-hazardous pharmaceutical waste solution available to healthcare providers in the U.S. We believe that outside-of-the-box approaches like this partnership will positively impact sales and continue to accelerate market acceptance of the EcoRex® technology.