SOURCE: Avella Specialty Pharmacy

Avella Specialty Pharmacy

May 26, 2016 11:00 ET

Avella Announces Expansion and Relocation of Its Distribution Facility

PHOENIX, AZ--(Marketwired - May 26, 2016) - Avella Specialty Pharmacy has announced it is undertaking a dramatic expansion of its operations through a relocation of its corporate headquarters and distribution facility near its current location in north Phoenix, Arizona. Avella will develop a new outsourcing clean room at this new location to expand its sterile compounding services.

This new facility will be substantially larger than the current Avella facility, allowing the organization to process 10,000 prescriptions per day. The expanded clean room capacity will further the growth in the variety and number of compounded products available for its patients and providers. The facility will be operational in Fall 2016.

This clean room will be part of the new 50,000-square-foot headquarters which will also house Avella's corporate departments, patient and provider services, and the company's pharmacy dispensing operations.

Avella already complies with the strict requirements for designated outsourcing facilities under 503B -- ensuring that it is meeting the highest standards for patient safety and quality. Avella was one of the first specialty pharmacies to voluntarily seek this designation. Avella's new clean room will allow for greater efficiency and standardization through an automation platform, planned for implementation later this year. This new facility will allow Avella to serve the increasing demand from hospital customers for advanced compounding services.

"This move is more than just a relocation of Avella's offices and an expansion of our operations," said Rebecca M. Shanahan, CEO of Avella Specialty Pharmacy. "It will enable our organization to continue its rapid growth while ensuring that we maintain the same high level of quality in everything we do, from compounding practices to patient support and education."

About Avella Specialty Pharmacy

Headquartered in Phoenix, Arizona, Avella Specialty Pharmacy is a National Accredited Specialty Pharmacy, providing individualized care and support to patients since 1996. Avella's clinical pharmacists and staff members are experts in managing complex disease states and providing compassionate care. The company offers a nationwide distribution service to complement its retail locations. Avella reached 2,605th on Inc. Magazine's 2015 list of the 5,000 fastest-growing private companies in the country and was named America's fastest-growing woman-led company in 2015. In addition, the Arizona Corporate Excellence Awards named Avella Specialty Pharmacy as the second fastest-growing private company based in the state in 2015. For more information, please visit www.avella.com.

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