Pyxis Corporation
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Pyxis Corporation
Pyxis Corporation was a San Diego company co-founded by Ronald R. Taylor and investor Tim Wollaeger in 1987. The company is the first to develop MedStation products in 1990 and is also a market leader for automated medication management, developing an automated dispensing cabinet under the name Pyxis. History Pyxis went public in 1992. The company continued to grow, eventually reaching 1,500 employees, and in 1996, it was bought by Cardinal Health for $867 million in stock. In 2009 Cardinal Health completed the spin-off of its clinical and medical products businesses based in the previous Pyxis Corporation products into an independent medical technology company named Carefusion, with David Schlotterbeck as CEO. Carefusion continued the development of Pyxis systems.
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San Diego, California
San Diego ( , ; ) is a city on the Pacific Ocean coast of Southern California located immediately adjacent to the Mexico–United States border. With a 2020 population of 1,386,932, it is the eighth most populous city in the United States and the seat of San Diego County, the fifth most populous county in the United States, with 3,338,330 estimated residents as of 2019. The city is known for its mild year-round climate, natural deep-water harbor, extensive beaches and parks, long association with the United States Navy, and recent emergence as a healthcare and biotechnology development center. San Diego is the second largest city in the state of California, after Los Angeles. Historically home to the Kumeyaay people, San Diego is frequently referred to as the "Birthplace of California", as it was the first site visited and settled by Europeans on what is now the U.S. west coast. Upon landing in San Diego Bay in 1542, Juan Rodríguez Cabrillo claimed the area for Spain, ...
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Automated Dispensing Cabinet
An automated dispensing cabinet (ADC) is a computerized medicine cabinet for hospitals and healthcare settings. ADCs allow medications to be stored and dispensed near the point of care while controlling and tracking drug distribution. They also are called unit-based cabinets (UBCs), automated dispensing devices (ADDs), automated distribution cabinets or automated dispensing machines (ADMs). Overview Hospital pharmacies have provided medications for patients by filling patient-specific cassettes of unit-dose medications that were then delivered to the nursing unit and stored in medication cabinets or carts. ADCs were introduced in hospitals in the 1980s and have facilitated the transition to alternative delivery models and more decentralized medication distribution systems. Implementing automated dispensing cabinets as part of a decentralized or hybrid medication distribution system can improve patient safety and the accountability of the inventory, streamline certain billing pr ...
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Pyxis
Pyxis is a small and faint constellation in the southern sky. Abbreviated from Pyxis Nautica, its name is Latin for a mariner's compass (contrasting with Circinus, which represents a draftsman's compasses). Pyxis was introduced by Nicolas-Louis de Lacaille in the 18th century, and is counted among the 88 modern constellations. The plane of the Milky Way passes through Pyxis. A faint constellation, its three brightest stars— Alpha, Beta and Gamma Pyxidis—are in a rough line. At magnitude 3.68, Alpha is the constellation's brightest star. It is a blue-white star approximately distant and around 22,000 times as luminous as the Sun. Pyxis is located close to the stars that formed the old constellation Argo Navis, the ship of Jason and the Argonauts. Parts of Argo Navis were the Carina (the keel or hull), the Puppis (the poop deck or stern), and the Vela (the sails). These eventually became their own constellations. In the 19th century, John Herschel suggested renaming ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Cardinal Health
Cardinal Health, Inc. is an American multinational health care services company, and the 14th highest revenue generating company in the United States. Its headquarters are in Dublin, Ohio and Dublin, Ireland (EMEA). The company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations. The company also manufactures medical and surgical products, including gloves, surgical apparel, and fluid management products. In addition, it operates one of the largest networks of radiopharmacies in the U.S. Cardinal Health provides medical products to over 75 percent of hospitals in the United States. History Founded in 1971 as Cardinal Foods by Robert D. Walter, the company was initially a food wholesaler. After acquiring the Bailey Drug Company in 1979, it began whole selling drugs. The company went public on the NASDAQ stock exchange in 1983. In 1988, Walter sold Cardinal Health's food operations to Roundy's. From 1991 to 1996, the comp ...
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Carefusion
CareFusion was a medical company specializing in two areas: reducing medication errors and prevention of health care-associated infections. Spinoff CareFusion was created in 2009 as a spinoff of medical technology businesses from Cardinal Health. It began publicly trading on the New York Stock Exchange on September 1, 2009. Cardinal's core business was drug distribution, a low-margin and low-risk, predictable business, with which the higher-margin, higher-risk medical technology businesses were difficult to integrate. The spin-off was named after Care Fusion, a business Cardinal Health acquired in 2006 that was based in McLean, Virginia and sold wireless patient identification systems used in hospitals. It also included Cardinal's automated dispensing cabinet line, which had been acquired when Cardinal bought Pyxis Corporation in 1996 for $920 million. Pyxis had been founded in San Diego by Ronald R. Taylor and investor Tim Wollaeger in 1987 and had around 1,500 employees wh ...
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Becton Dickinson
Becton, Dickinson and Company, also known as BD, is an American multinational medical technology company that manufactures and sells medical devices, instrument systems, and reagents. BD also provides consulting and analytics services in certain geographies. BD is ranked #177 in the 2021 ''Fortune 500'' list based on its revenues for the fiscal year ending September 30, 2020. In October 2014, the company agreed to acquire CareFusion for a price of US$12.2 billion in cash and stock. History The company was founded in 1897 in New York City by Maxwell Becton and Fairleigh S. Dickinson. It later moved its headquarters to New Jersey. Finances For the fiscal year 2017, Becton Dickinson reported earnings of US$1.030 billion, with an annual revenue of US$12.093 billion, an increase of 10.5% over the previous fiscal cycle. Becton Dickinson's shares traded at over US$192 per share, and its market capitalization was valued at over US$63 billion in November 2018. Business segment ...
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Pyxis SupplyStation Automated Dispensing Cabinet At Campbell County Memorial Hospital In Gillette, Wyoming
Pyxis is a small and faint constellation in the southern sky. Abbreviated from Pyxis Nautica, its name is Latin for a mariner's compass (contrasting with Circinus, which represents a draftsman's compasses). Pyxis was introduced by Nicolas-Louis de Lacaille in the 18th century, and is counted among the 88 modern constellations. The plane of the Milky Way passes through Pyxis. A faint constellation, its three brightest stars— Alpha, Beta and Gamma Pyxidis—are in a rough line. At magnitude 3.68, Alpha is the constellation's brightest star. It is a blue-white star approximately distant and around 22,000 times as luminous as the Sun. Pyxis is located close to the stars that formed the old constellation Argo Navis, the ship of Jason and the Argonauts. Parts of Argo Navis were the Carina (the keel or hull), the Puppis (the poop deck or stern), and the Vela (the sails). These eventually became their own constellations. In the 19th century, John Herschel suggested renaming ...
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List Of Unicorn Startup Companies
This is a list of unicorn startup companies. In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more, across technology centers throughout the world. Notable lists of unicorn companies are maintained by ''The Wall Street Journal'', ''Fortune Magazine'', CNNMoney/ CB Insights, TechCrunch, PitchBook/Morningstar, and Tech in Asia. History List Unicorns are concentrated in developed and some developing global regions, including a few dozen countries. As per CB Insights, as on October 7, 2022 the number of unicorn startups in some of the developed and developing countries were as follows: US (644), China (302), India (108), UK (46), Germany (29), France (24), Israel (22), Canada (19), Brazil (16), South Korea (16), Singapore (13), Indonesia (11), Australia (8), Mexico (8), Sweden (8), Hong Kong (7), Netherlands (7), Ireland (6), Japan (6), Switzerland (6), Norway (5), Spain (4), Belgium (3), Turkey (3), UAE (3), Austria (2) ...
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Pharmacies Of The United States
Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing and monitoring medications, aiming to ensure the safe, effective, and affordable use of medicines. It is a miscellaneous science as it links health sciences with pharmaceutical sciences and natural sciences. The professional practice is becoming more clinically oriented as most of the drugs are now manufactured by pharmaceutical industries. Based on the setting, pharmacy practice is either classified as community or institutional pharmacy. Providing direct patient care in the community of institutional pharmacies is considered clinical pharmacy. The scope of pharmacy practice includes more traditional roles such as compounding and dispensing of medications. It also includes more modern services related to health care including clinical services, reviewing medications for safety and efficacy, and providing drug information. Pharmacists, therefore, are experts on drug therapy and are ...
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Automation Organizations
Automation describes a wide range of technologies that reduce human intervention in processes, namely by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machines. Automation has been achieved by various means including mechanical, hydraulic, pneumatic, electrical, electronic devices, and computers, usually in combination. Complicated systems, such as modern factories, airplanes, and ships typically use combinations of all of these techniques. The benefit of automation includes labor savings, reducing waste, savings in electricity costs, savings in material costs, and improvements to quality, accuracy, and precision. Automation includes the use of various equipment and control systems such as machinery, processes in factories, boilers, and heat-treating ovens, switching on telephone networks, steering, and stabilization of ships, aircraft, and other applications and vehicles with reduced human ...
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Medical Technology Companies Of The United States
Medicine is the science and practice of caring for a patient, managing the diagnosis, prognosis, prevention, treatment, palliation of their injury or disease, and promoting their health. Medicine encompasses a variety of health care practices evolved to maintain and restore health by the prevention and treatment of illness. Contemporary medicine applies biomedical sciences, biomedical research, genetics, and medical technology to diagnose, treat, and prevent injury and disease, typically through pharmaceuticals or surgery, but also through therapies as diverse as psychotherapy, external splints and traction, medical devices, biologics, and ionizing radiation, amongst others. Medicine has been practiced since prehistoric times, and for most of this time it was an art (an area of skill and knowledge), frequently having connections to the religious and philosophical beliefs of local culture. For example, a medicine man would apply herbs and say prayers for healing, or an ancie ...
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