CareFusion Acquires Vestara

4/6/11

San Diego’s CareFusion (NYSE: CFN) says it has acquired Vestara, an Irvine, CA, company with technology that automatically identifies, sorts, and segregates hazardous and non-hazardous pharmaceutical waste for proper disposal. CareFusion, which plans to rebrand Vestara’s EcoRex technology as the Pyxis EcoStation, did not disclose the cost of its acquisition. However, the Health Data Management website reports it was a $17 million deal. Spokesmen at CareFusion and Vestara did not immediately respond to a query seeking confirmation. CareFusion says the disposal of unused meds is becoming an increasing environmental concern, as U.S. hospitals purchase more than 84,000 tons of vials, bottles, and ampules a year.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @

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