Hospira, a Lake Forest, Ill.-based pharmaceutical- and medication-delivery company, said it has acquired TheraDoc, a clinical informatics company in Salt Lake City that develops hospital surveillance systems. Financial terms of the completed deal were not disclosed.
Hospira acquires clinical informatics company
In a joint news release, the companies said TheraDoc's two leading products, Infection Control Assistant and Antibiotic Assistant, will join Hospira's expanding portfolio of products, and also that TheraDoc's surveillance platform has helped hospitals in their surveillance of the deadly H1N1 influenza virus that has caused a global flu pandemic.
“TheraDoc's leadership in providing real-time clinical decision support, combined with Hospira's market-leading position driving medication safety and infection management, will result in expanded access to technologies that are integral to patient care,” said Stanley Pestotnik, co-founder, president and CEO of TheraDoc, in a news release. As part of the deal, Hospira acquired additional assets related to the TheraDoc business, including the Salt Lake City headquarters, and TheraDoc employees are now a part of Hospira.
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