Cactus to Leverage Cegedim Relationship Management's Compliance Expertise to Offer More Comprehensive Controlled Substance Waste
Bedminster, NJ - September 05, 2012 - Cegedim Relationship Management and Cactus, LLC today announced a strategic agreement for Cegedim Compliance Solutions, Powered by BuzzeoPDMA, to provide regulatory consulting services and compliance leadership regarding controlled substance waste disposal in the refinement and deployment of Cactus' revolutionary disposal system, Smart Sink®. Cactus developed Smart Sink to provide global healthcare facilities with a simple, environmentally-friendly solution for pharmaceutical waste. Cegedim Relationship Management is the Life Sciences industry's leading global provider of Regulatory Compliance Solutions, Customer Relationship Management (CRM), Data and Marketing solutions.
The key to further mitigating diversion opportunities and environmental impact of pharmaceutical waste pivots on more effective disposal methods. Yet, disposal solution companies must navigate a complex regulatory structure and efficiently connect with healthcare professionals (HCPs) in order to successfully launch their products.
Cegedim Compliance Solutions Powered by BuzzeoPDMA to Enable More Complete Smart Sink Solution
Cegedim Relationship Management's Compliance Solutions and services will drive Cactus' deeper understanding of requirements from the Controlled Substances Act (CSA), Drug Enforcement Administration (DEA) and state regulatory agencies. Further, Cegedim Compliance Solutions will enable Cactus to effectively provide a comprehensive training program to educate HCPs on the benefits of utilizing Smart Sink. The Cegedim Compliance Solutions suite will assist Cactus in expertly implementing its groundbreaking disposal system, which provides enhanced security to capture raw pharma waste, and assists with reducing diversion and water supply contamination.
"Cactus is proud to partner with a proven pharmaceutical compliance leader whose robust expertise will allow us to seamlessly deploy our flagship product, Smart Sink," said Dave Maness, founder and Chief Executive Officer, Cactus, LLC. "Our Smart Sink disposal system will revolutionize the management of controlled substance waste for healthcare facilities, lessen environment impacts as well as improve patient safety and the overall healthcare system."
"Cactus Smart Sink restricts access to controlled substance waste and increases the transfer security to a DEA registered reverse distributor – fulfilling the demand for greater diversion barriers," said Ronald Buzzeo, R.Ph, Chief Compliance Officer, Cegedim Relationship Management. "Smart Sink allows medication-dispensing facilities to greatly improve medication waste management. We are truly honored to align with a key industry innovator who strives to improve global health and our environment."