FLORHAM PARK, N.J., May 15, 2012 (GLOBE NEWSWIRE) -- Armada Health Care (Armada), the nation's largest group purchasing and channel management organization for the Specialty Pharmacy market, reports it has signed a four year lease for expanded office space. The new space is nearly three times larger than its current facility and is located two floors up from its present location at 100 Campus Drive, Florham Park, NJ. The increased space will allow the company to continue to expand its technology department while also providing a state of the art facility to grow its customer service and call center divisions. Armada will take possession of the new offices in late June of this year.
"Our innovative solutions and new technology products are quickly being adopted throughout the Specialty Pharmacy market while our core business units all continue to grow. The larger offices are necessary to accommodate the additional employees we are hiring along with the added workspace we need," said Robert Irene, President and Co-Founder of Armada. "The new facility is beautiful. . .more than 30,000 square feet of prime office space which includes hundreds of workstations, multiple conference rooms, a training center and a separate executive wing for our senior staff."
Armada partners with thousands of member pharmacy locations throughout the U.S. that offer specialized pharmacy services to patients living with specific chronic and acute disease conditions. Armada provides contract pricing and unique therapy management programs for diseases such as: hepatitis C, HIV/AIDS, oncology, organ transplant, multiple sclerosis, rheumatoid arthritis and other conditions which generally require specialized medication management protocols. The medications utilized for these conditions are typically high-cost oral, injectable and infused drugs that involve a high degree of professional management. A few of the specialty services provided by Armada pharmacies include: custom medication access programs that align patient and prescriber with pharmacy, streamlined approval services to speed up the prior authorization process, professional call center operations for direct patient messaging, sophisticated disease management tools to improve medication compliance regimens, real time data collection and reporting, as well as specialized product handling and distribution. These services are all focused on improving the quality of patient care through better access, improved medication compliance and minimized time to fill for each patient's drug therapy. The Specialty Pharmacy market is estimated at over $100 billion annually and is considered the fastest growing segment of the U.S. pharmaceutical industry.
About Armada: Armada Health Care, LLC (Armada) is the nation's largest Specialty Pharmacy group purchasing and channel management organization. Armada provides comprehensive and cost effective access to the nation's $100 billion Specialty Pharmacy industry. Armada offers pharmacy providers, manufacturers, health plans and wholesale distributors a total channel management solution through customized patient programs, prescription-data-management services, online technology platforms and unique purchasing agreements for Specialty Pharmacy products. Armada also organizes the nation's largest annual conference for Specialty Pharmacy providers and other related stakeholders.
For more information about Armada, please visit www.armadahealthcare.com
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