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QuVa Pharma Acquires LogicStream Health

by Syed Hamza Sohail 07/29/2024 Leave a Comment

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What You Should Know:

·      QuVa Pharma acquired LogicStream Health, a SaaS software informatics platform for healthcare system pharmacies.

·      LogicStream, now a wholly owned subsidiary of QuVa, uses machine learning and predictive analytics to address drug shortages.

·      The acquisition combines QuVa’s sterile compounding services and distribution with LogicStream’s clinical process improvement and drug management expertise.

·      QuVa, the largest 503B outsourcing company for U.S. hospitals, aims to enhance drug shortage detection and formulary management for its customers.

·      The acquisition was funded by Blue Owl Capital, and LogicStream’s AI models will provide real-time insights into drug utilization and patient outcomes.

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