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Fagron Sterile Services US Awarded National Outsourced Compounded Preparations agreement with Premier, Inc.

1. Premier, Inc. awarded Fagron a national purchasing agreement for compounded services. 2. Agreement enhances access to sterile medications for healthcare providers. 3. FSS's services address medication shortages and rising costs in healthcare. 4. Effective July 1, 2025, special pricing benefits Premier members. 5. Fagron emphasizes commitment to innovation and patient outcomes.

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FAQ

Why Bullish?

The partnership with Premier enhances FSS's market position, suggesting revenue growth potential, similar to strategic contracts that boosted share prices historically.

How important is it?

The strategic agreement enhances Fagron's competitive advantage and addresses critical market needs, directly impacting PINC's operational environment and potential growth.

Why Long Term?

The agreement is set for 2025, indicating prolonged positive effects on revenues and market share over time, much like previous long-term contracts that improved company valuations.

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, /PRNewswire/ -- Fagron Sterile Services US (FSS), a leading DEA & FDA registered 503B pharmaceutical outsourcing company, announced today that it has been awarded a national group purchasing agreement for compounded sterile services with Premier, Inc. Effective July 1st, 2025, this new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for outsourced compounded preparations. Fagron Sterile Services US awarded a National Outsourced Compounded Preparations Agreement with Premier, Inc. "We are happy to receive this award from Premier and intend to continue supplying a broad range of ready-to-administer, cGMP-compliant compounded preparations to their membership. This award recognizes FSS's global market leadership by increasing access and improving workflows for potentially life-saving medications that are ready-to-use at patients' bedsides and increasing resiliency in member supply chains," said Ray Dixon, SVP, Commercial Operations, Fagron Sterile Services US. "It exemplifies FSS's dedication to innovation, quality, and service excellence in support of patient outcomes nationwide."  This Premier award highlights the essential role that Fagron Sterile Services US plays in the healthcare industry, particularly in ensuring hospitals and clinics have reliable access to high-quality, sterile medications. As medication shortages and rising costs remain significant concerns within the healthcare sector, FSS's efforts contribute to mitigating these issues by providing consistent, cost-effective solutions. To learn more about the FSS's agreement with Premier, please visit https://www.fagronsterile.com/premier.Premier is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the US. Playing a critical role in the rapidly evolving healthcare industry, Premier unites providers, suppliers, payers and policymakers to make healthcare better with national scale, smarter with actionable intelligence and faster with novel technologies. With integrated data and analytics, collaboratives, supply chain solutions, consulting and other services, Premier enables better care and outcomes at a lower cost.About Fagron Sterile Services USFSS is a globally integrated 503B Outsourcing Company dedicated to serving healthcare providers nationwide. FSS is advancing patient safety while supporting supply chain resilience across critical care, labor and delivery, ophthalmics, pain management, and more. Discover a range of ready-to-administer solutions at www.fagronsterile.com. LinkedIn: @FagronSterileAbout FagronFagron, a leading global player in pharmaceutical compounding, brings customized pharmaceutical care to hospitals, pharmacies, prescribers and industry in more than 30 countries worldwide. Visit www.fagron.com. LinkedIn: @FagronMedia Inquiries:Rachel Bunting, MS, MBAVP, Marketing & Business Development[email protected]SOURCE Fagron Sterile Services US WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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