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.