For nearly a decade I have had the privilege of leading a team of talented and dedicated Talyst employees who come to work each day with a focus on innovation and delivering high-quality products and service to our customers.
Today, I am excited to share some important and exciting news! Swisslog Healthcare announced its acquisition of Talyst, bringing together two market leaders in medication and supply chain management services and solutions.
This is an exciting, strategic step for Talyst and Swisslog Healthcare. Together, the combined company is now a global market leader for pharmacy solutions. The acquisition represents a significant step in building an organization dedicated to developing a complete pharmacy automation solutions ecosystem – serving customers with medication and supply chain management services and solutions from the drug wholesaler to the bedside to discharge and beyond. The outcome of this acquisition is a global organization focused on medication management automation that offers healthcare providers a broad solution set from a single vendor.
Since 2003, Talyst has been a leading provider of pharmacy management system software and automation technology solutions for central pharmacy. We have enabled hospital pharmacy organizations to be on the leading edge of providing safe, secure, and financially responsible medication management systems across the entire health system.
With the acquisition by Swisslog Healthcare, we look forward to integrating Talyst solutions with their next generation storage and retrieval systems, pneumatic tube systems, delivery tracking products, and consolidated service automation technology, while continuing to support our growing long-term care automation business. The combined organization is ideally situated to provide enhanced value to our current and future customers.
As part of this transition, I will be stepping down as CEO at Talyst. Since my appointment as CEO in 2008, it has been an honor and a privilege to lead the organization and witness its industry impact and corporate growth. I’ve particularly enjoyed engaging with customers and understanding how the solutions we provide truly help pharmacy organizations meet their goals of providing safe and reliable service to the patients they serve. The majority of the executive leadership team from Talyst will be making the transition to Swisslog Healthcare, so I am confident are clients are in good hands!
A sincere thank you to all of our customers and dedicated employees for making Talyst what it is today, and I look forward to watching the combined Swisslog Healthcare team succeed moving forward. Geekwire broke the story this morning and you can read the full press release here to find out more.