Memorial Hermann invests in sterile compounding pharmacy

Houston-based health system Memorial Hermann is the latest health system to invest in Leiters, a provider of sterile pharmacy services, June 9.

Along with other health systems that have invested in Leiters — which include Kaiser Permanente Ventures, Mayo Clinic, Intermountain Ventures and Novant Health — Memorial Hermann is joining Leiters' strategic pharmacy advisory board to work on "new product development" and "support growth intiatives," according to a news release from Leiters.

"As a nonprofit, values-driven, community-owned health system, Memorial Hermann takes its dual roles of being a responsible financial steward and a trusted healthcare provider extremely seriously," Feby Abraham, Memorial Hermann's executive vice president and chief strategy officer, said in the news release. "The decision to invest in Leiters is guided by the same philosophies that drive all of our work: Deliver value and create healthier communities."

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