Pyxis Corporation was a San Diego company co-founded by Ronald R. Taylor and investor Tim Wollaeger in 1987. The company was the first to develop MedStation products in 1990 and is also a market leader for automated medication management,[1] developing an automated dispensing cabinet under the name Pyxis.[2]
History
Pyxis went public in 1992.[2][3] The company continued to grow, eventually reaching 1,500 employees, and in 1996, it was bought by Cardinal Health for $867 million in stock.[4][5][6]
In 2009 Cardinal Health completed the spin-off of its clinical and medical products businesses based in the previous Pyxis Corporation products into an independent medical technology company named Carefusion, with David Schlotterbeck as CEO. Carefusion continued the development of Pyxis systems.[7][8]
In October 2014, Becton Dickinson bought Carefusion for a price of $12.2 billion in cash and stock. Since then, BD has been the developer of Carefusion and its Pyxis Systems.[9]
Automated dispensing cabinet
The company created an automated dispensing cabinet called MedStation, a system of inventoried and connected cabinets and pharmacy units, allowing a safe delivery and reception from point to point between pharmacies to pharmacies, pharmacies to medication units and medication units to pharmacies. Pyxis products allowed healthcare personnel to avoid the manual recording of drugs dispensed or used by nurses and pharmacies based in a computerized and interconnected infrastructure, and allowed for the development of decentralized medication storages.[10]
See also
References
- Dave Newman. Automated Dispensing Cabinets, Pharmacy Automation, Pyxis, Omnicell Healthcare IT Skills, Health Information Technology Career Advice, Healthcare IT Certifications, Project Management, Job Tips, 2016-01-26, retrieved 2020-06-01^
- Steve Lohr. Venture Capital: Looking for Stars The New York Times, December 24, 1992^
- Pyxis stock drops after lower earnings are reported The New York Times, 1995-10-27^
- Xconomy: Pyxis Founder Ron Taylor Joins Connect Entrepreneur Hall of Fame Xconomy, 21 March 2013^
- Chairman Emeritius Ron R. Taylor UC San Diego Foundation^
- Milt Freudenheim. Cardinal Deal To Buy Pyxis In Stock Swap The New York Times, February 8, 1996^
- Cardinal Health to name spinoff after CareFusion line Healthcare IT News. February 18, 2009^
- Shawn Rhea. Cardinal Health completes CareFusion spinoff Modern Healthcare, September 2, 2009, retrieved June 10, 2015^
- Nate Raymond. Becton Dickinson to buy CareFusion for $12 billion in cash, stock Reuters, 5 October 2014^
- dsmacleod. PYXIS STORY 22 April 2009^