October 22, 2009
St. John’s University’s College of Pharmacy and Allied Health
Professions will become one of the first Colleges of Pharmacy in
the United States to partner with medication management company
A special recognition ceremony to thank Talyst for their
generosity will take place on Friday, October 23 at 2:30 p.m. in
St. Albert Hall on the St. John’s University Queens campus. A
demonstration of the use of the equipment will be provided.
Robert A. Mangione, R.Ph., Ed.D., Dean of the College of
Pharmacy and Allied Health Professions will host a reception
attended by senior Talyst Inc. officials, St. John’s
administrators, faculty, students and staff to celebrate this
“This state of the art equipment will strengthen our curriculum
as pharmacy students will learn how to operate the newest
dispensing technology,” said Mangione. “The efficiencies gained
using this advanced equipment will give them the opportunity to
spend more time counseling their patients and managing therapeutic
To assist with pharmacy students’ storage of oral medications,
Talyst Inc. has donated an Automated Oral Solid Packager and a Mini
Vert Kiosk to the College of Pharmacy and Allied Health
St. John’s alumnus Dr. Robert Fuentes P’77, MSc, PharmD., Senior
Director, Medical Information, MedImmune, was instrumental in
arranging the negotiations between the college and Talyst Inc. Dr.
Fuentes is a member of the Dean’s Pharmacy Leadership Committee and
a member of the St. John’s University Board of Governors.
Pharm.D. students will be trained to use the technology in the
college’s pharmacy laboratory under the direction of lab supervisor
Dr. William Maidhof.
St. John’s University anticipates that pharmacists in the
greater New York City area will have the opportunity to be trained
on how to use the equipment through programs sponsored by both St.
John’s University and Talyst Inc. in the future.
Talyst Inc. states its company objective is to “enable positive
change in the medication management process” and “to improve
patient safety and operational efficiency” in hospitals, long-term
care and in pharmacies.
For media inquiries, please contact Dominic Scianna, Assistant
Vice President for Media Relations at St. John’s University, at
(718) 990-6185, or by e-mail to firstname.lastname@example.org.
About Talyst, Inc.
Talyst enables positive change in the medication management
process. We are dedicated to improving patient safety and
operational efficiency in acute care hospitals and in long-term
care, as well as in closed-door, correctional, and retail
pharmacies. Our company was founded in 2002 as Integrated
Healthcare Systems, Inc., a pharmacy solutions provider focused on
developing simple, affordable and reliable products to assist in
the medication management process.
The following year, we acquired Creative Pharmacy Solutions, and
launched AutoPharm®, the software platform that integrates pharmacy
bar-coding, storage, inventory, ordering and clinical systems. The
initial growth of the company was supported by two rounds of
funding. In early 2005, a $9 million round of institutional
financing directed by AIG Global Investment Group (a subsidiary of
American International Group, Inc.) enabled Talyst to expand its
installation/support team and invest in proprietary product
In late 2006, the company received $20 million in growth funding
to aggressively pursue its commitment to innovation and expansion
into new pharmacy markets. That funding was co-led by Ignition
Partners and OVP Venture Partners. By the end of 2007, more
than 300 hospitals across the country had installed Talyst systems,
and we expect continued growth in multiple pharmacy markets. The
Puget Sound Business Journal has ranked Talyst as one of the
fastest growing companies in Washington State for the past three
years. And in 2007, Inc. magazine recognized the company as one of
the country’s fastest-growing privately-held companies.
Talyst remains dedicated to ‘Engineering the Intelligent
Pharmacy’, one customer at a time.