DALLAS, April 18,
2024 /PRNewswire/ -- KO, a leading provider of
innovative kiosk and locker solutions, has announced its
acquisition of Wellmation, a pioneering company in pharmaceutical
kiosks. The acquisition includes Wellmation's patents, software,
hardware, and general intellectual property. The acquisition
solidifies KO's position as a game-changer in the pharmaceutical
industry. KO's commitment to customization ensures tailored
solutions for a diverse industry.
The pharmaceutical industry, valued at a staggering $312 billion is witnessing a paradigm shift.
With regulatory approval in seven states, including Texas, California, and Florida, for patient-accessible remote
automated pharmacy dispensing systems, the industry is poised for
widespread adoption of this innovative kiosk technology.
KO has the leading hardware solution in the industry. Key
management involved with the acquisition expressed their enthusiasm
for the union. The integration of KO's hardware with Wellmation's
software is robust, their patent filings on their speed loader
hardware fit seamlessly with KO's picking and printing technology.
Laspia states, "KO's plays a key role in creating accessible health
solutions as well as transformative growth in pharmaceutical access
and tele-health. Simply put we are the newest and most cutting-edge
product in the market, leap-frogging the competition."
For example, KO's advanced ID verification system allows OTC
drugs to be dispensed by kiosks thereby freeing up expensive
pharmacist time. The systems championed by KO are designed to
enhance pharmacy services by offering 24/7 access to prescription
medications while streamlining operations, reducing overhead costs,
and improving customer access and choice.
Amy Valley, former Accenture Managing Director, Global Life
Sciences, and advisor to KO states "Automation provides a wide
range of solutions for patient access, including rural
accessibility, tele-medicine, urgent care, and many other
subsectors in the healthcare ecosystem. It is also an opportunity
for the pharmaceutical industry to reduce costs and improve
compliance with data management."
The experienced KO team and their ability for customization
allows for a close working relationship with customers to create
the perfect kiosk solution that will enhance customer, patient and
physician relationships, increase efficiency, and drive growth.
Clifford Whitehead, Director of
Sales for KO added "In the wake of Amazon's recent purchase of
Medivale our solution-oriented approach to industry participants
will ensure that we can facilitate change in multiple
channels".
Kiosk Operators, is dedicated to providing solution for
companies looking to transform and expand their business with
cutting-edge kiosk solutions in the healthcare industry. For
example, KO is looking to help pharmaceutical companies with
dispensing drug samples to assist and supplement Pharma salesforce
management and cost control. Companies will be able to hand out
sample "gift cards" so that they reduce the shrinkage of a number
of high dollar samples and boost patient registration as well as
sales force compliance, data management and inventory control.
CEO John Laspia stated "it is our
mission support to customers to improve their patient experiences
through providing both top-tier "off the shelf" and custom
automation solutions to hardware and software
challenges."
Furthermore, these automated pharma kiosks will allow
pharmacies, Urgent Care facilities and other large pharmacy
retailers to modify their sales platforms to compete with Amazon
and others while meeting customer needs.
About KO:
KO is a forward-thinking automation company dedicated to
revolutionizing the customer experience through automated kiosk
innovation and technology.
About Wellmation:
Wellmation is a trailblazing company in pharmaceutical kiosks,
with a focus on patents for software, hardware, and general
intellectual property.
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SOURCE Kiosk Operators