PharmaTrust to Present at the J.P. Morgan 29th Annual Healthcare Conference

TORONTO, Jan. 8 /PRNewswire/ - PharmaTrust™ has been invited to participate in the 29^th Annual J.P. Morgan Healthcare Conference in San Francisco, January 10^th to 13^th 2011, at the Westin St. Francis. The company will present its revolutionary PharmaTrust Healthcare Everywhere offering which includes the PharmaTrust MedCentre™, MedHome™ and PharmaNet technology platform for pharmacy remote dispensing, and patient compliance management. PharmaTrust's unique extension of care platform is currently available in the USA, the UK and Canada, and is being positioned in pilot and early production deployments this year in these countries by leading brands.

The PharmaTrust™ network's first product, the PharmaTrust MedCentre™, is a complete pharmacy-in-a-box, with the capacity to dispense over 2,000 different prescription and OTC medications, and includes such features as pill counting and refrigeration. Entirely pharmacist operated and controlled, the MedCentre™ puts 24-hour pharmacists and pharmacies everywhere, extending the reach of traditional pharmacies without the time, distance, language, or costs of traditional pharmacies.

"Pharmacy's margins are getting tighter. Internationally, governments are seeking lower costs and increased accessibility, while the population is aging, creating a commensurate demand on healthcare resources," said Peter Suma, President and COO of PharmaTrust™. "These are global trends that the PharmaTrust MedCentre™ technology was built to mitigate, by creating a safe and cost effective alternative to the traditional pharmacy."

The Pharmatrust MedCentre™ is a remote pharmacy dispensing technology that allows people to have access to multi-lingual pharmacy services 24 hours a day, seven days a week. It employs state-of-the-art remote and scanning technologies to provide patients with a remote, face-to-face consultation with a live pharmacist, and to have their prescriptions filled quickly and safely. The MedCentre™ is the safest, most comprehensive, and first economically viable at scale, health care pharmacy system developed globally to date.

Pharmacies, pharmacy-benefit-managers (PBM's), health-maintenance-organizations (HMO's), employers and insurance carriers alike, can now consider labor costs as globally flexible and scalable with demand and not retail locations, while delivering new service and information offerings utilizing a platform created to lower their operating costs, and capture more market share. Health networks which deploy MedCentres™ may offer new savings, extend their store footprints and market shares, and deliver more chronic disease management services to where the patients are, right in the workplace, the clinic, the hospital or the shopping mall.

Employers who wish to deploy MedCentres™ in their workplaces can see lower costs from the lessened overhead of pharmacy, and lower distribution costs than mail-order delivered drugs, while making pharmacy benefits more accessible to their employees. Employers no longer need to pay more for the urgent medications that cannot be contracted through home-delivery. Now, both urgent and chronic medications can be delivered using MedCentres™ and home-delivery.

About PharmaTrust™ Inc.:

PharmaTrust is the developer, manufacturer and operator of the PharmaTrust line of remote healthcare technologies and services. The PharmaTrust MedCentre™ and MedHome™ technologies create a new strategic choice for healthcare industries to deliver innovative telemedicine and pharmacy services.

The PharmaTrust MedCentre™ is a complete pharmacist controlled, automated pharmacy dispensing system. It can dispense over 2000 different medications, is 100% remotely pharmacist controlled and audited and can put 24-hour pharmacies anywhere without the barriers of time, distance, language or costs of traditional pharmacies.

The PharmaTrust MedHome™ is a personal in-home device that dispenses unit doses to patients at pre-set times and provides patient monitoring and reminders to ensure patient health and safety. This simple and easy to use device also enables patients to immediately connect with a pharmacist, physician, caregiver or emergency response at the touch of a button. In a retirement home setting, the in-room MedHome device can be used in concert with a centrally located MedCentre, to deliver a complete on-site medication management system.

SOURCE PharmaTrust