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MedM Health Cloud integrates Walgreens’ Balance Rewards API

BY Michael Johnsen
DEERFIELD, Ill. – Walgreens on Wednesday announced that MedM Health Cloud has now integrated the Balance Rewards API. 
 
MedM has built a healthy activity cloud platform, allowing users to track everything from step tracking to blood glucose/pressure monitoring. Walgreens is bringing in an integration that stores healthy activities from more than 200 connected devices. 
 
“We see Walgreens is making a revolution in remote monitoring by solving a key problem – patients tend to give up any kind of monitoring after a while rendering all tools and technologies useless,” stated Michael Pliskin, chief technology officer, MedM. "By actually rewarding Balance Rewards points directly to patients for tracking their health condition, Walgreens changes the industry landscape completely and we at MedM are happy to be part of it and bring our technology and 200-plus medical device portfolio into the program."
 
The MedM Platform is a complete remote patient monitoring software package. It includes apps connecting to medical devices, cloud services, cloud portal and a set of EMR/EHR integration APIs. It is compatible with more than 170 medical sensors by 50 vendors.
 
A state-of-the-art Patient and Caregiver portal is an integral part of MedM Platform. It allows anywhere and anytime web-based access to Patient Health Information and features historic and realtime data views, trend graphs, thresholds and notifications and reports. Cloud Storage is a HIPAA-compliant scalable medical data storage component available in both Cloud and Hosted editions.
 
 
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Humanwell Healthcare Group, PuraCap to acquire Epic Pharma

BY David Salazar
SOUTH PLAINFIELD, N.J. — Humanwell Healthcar Group and PuraCap Pharmaceuticals announced Thursday that they would be acquiring 100% of Epic Pharma’s membership interests for $550 million. The purchase of the Laurelton, N.Y.-based company will expand the two businesses’ generics footprint and manufacturing capabilities in the United States. 
 
Epic’s generics portfolio contains 15 products currently on the market and a 37-product pipeline. The acquisition will also bring the two companies a 110,000-sq. ft. GMP manufacturing facility and add 215 employees to Humanwell’s and PuraCap’s operations team. 
 
“This acquisition is a major step in the growth of our company,” PuraCap CEO and Humanwell president Dahai Guo said. “The addition of Epic is an important addition to the PuraCap family.  We look forward to it being a platform for the development of our generic pharmaceutical business, both in the USA as well as internationally.”
 
The transaction is expected to close in the second quarter of 2016. 
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GMDC partners with KOTRA on bringing Korean products to U.S. shelves

BY Michael Johnsen
COLORADO SPRINGS, Colo. – Global Market Development Center on Thursday partnered with the Korean Trade-Investment Promotion Agency, a leading Asian trade group, to assist Korean companies and brands with market entry into the United States while leveraging U.S. retail channel opportunities.
 
As part of the partnership, GMDC will share next practices and shopper insights about supply chain growth, retail trends and strategies for connecting these brands with new consumers in the U.S. at KOTRA’s annual business partnership conference April 1 in Los Angeles.
 
“Our industry is rapidly evolving, and GMDC is driving opportunities for members and their customers across the globe by helping them navigate, or as we say, ‘connect, collaborate and create commerce,’" stated Patrick Spear, GMDC president and CEO. "GMDC specializes in helping companies forge a path to retail and successful entry into the marketplace,” he said. “Through this new KOTRA relationship, we are advancing the opportunity for Korean manufacturers to enter into the U.S. space and be strongly competitive.”
 
The conference brings U.S. companies together with nearly 50 Korean companies to showcase exports, investments and technology cooperation. The event will offer a front row seat to the latest Korean products and services through pre-scheduled one-on-one meetings, or “corporate speed dates,” a practice that GMDC has long advanced as a key industry differentiator in the marketplace.
 
“We are excited to join with GMDC in exploring retail opportunities and cultivating market growth for Korean companies, especially leveraging the association membership’s success with innovative supply chain distribution methods and the latest trends driving the marketplace,” said Derek Lee, senior executive entertainment and procurement specialist for KOTRA.
 
The partnership was cemented in part by longtime GMDC HBW board member Bruce Worley, president and COO Better Sales and Brand Management Group, who has worked extensively with KOTRA and its membership, and has been instrumental in connecting the GMDC membership with growth, thought leadership and innovative marketplace opportunities.
 
“GMDC is the perfect resource for companies across the globe to discover new frontiers and explore new markets, and this partnership will continue to cultivate growth opportunities in the U.S. and worldwide,” Worley said. “GMDC has been a critical partner for Better Sales and Brand Management Group and our clients. Since first participating more than a decade ago what has always stood out is the dedication to achieve success together – it’s a true retail ecosystem. This is critical not only to my business but the business of our clients.”
 
 
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G.Augustine says:
Apr-01-2016 10:15 am

How can I find out more about the 50 companies (& their products) KOTRA has on this list to showcase? I am interested in the health and cruelty-free aspects of any/ all of these companies & products being brought to consumers.

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