Avella Specialty Pharmacy
IndustrySpecialty pharmaceuticals
Founded1996
FounderJohn Musil
Headquarters
USA
Key people
Rebecca Shanahan, CEO
Websitewww.avella.com

Avella Specialty Pharmacy, formerly known as The Apothecary Shops, is an American specialty pharmacy company.[1][2][3][4][5][6][7] Avella is headquartered in Phoenix, Arizona, and has facilities in eight states.[2][5][8] Dr. John D. Musil is the company’s founder.[3][4][9] Rebecca Shanahan is the CEO.[10]

Avella supplies drug therapies in the medical fields of oncology, dermatology, fertility, urology, ophthalmology, gastroenterology, and rheumatology. It offers drugs that treat complex diseases such as cancer,[11] oncology, HIV/AIDS, infertility, multiple sclerosis, Crohn’s disease, and hepatitis.[7][12][13][14] Avella also offers "specialty care coordinators" who provide counseling and assistance to customers.[7] Avella technologies include a mobile application for medication refills and reminders,[2][5][12][15] as well as a provider portal which gives physicians patient health data.[16]

History

John Musil, a practicing pharmacist, founded Avella Specialty Pharmacy (formerly The Apothecary Shops) in Scottsdale, Arizona in 1996.[3][4][5][9][17] Avella has been on the Inc. 5000 list since 2007.[18] By 2009, Avella had sixteen physical locations, a call center, and a national distribution facility.[2][6][7][19]

In January 2014, Avella Specialty Pharmacy named Rebecca Shanahan as its new CEO.[10] That same year, Avella became a registered Outsourcing Facility through the U.S. Food and Drug Administration.[20] In March 2015, Avella was approved to register a .pharmacy domain name which identifies safe and legal pharmacies online.[21] That same month, Avella partnered with Sentry Data Systems, a technology systems producer for hospitals and clinics, to extend coverage of entities participating in the 340B drug discount program.[22] In 2015, Inc. named Avella to the Inc. 5000 list for the ninth time.[18]

References

  1. "Avella Specialty Pharmacy: Overcoming Oncology Adherence Barriers". Specialty Pharmacy Times. Retrieved November 12, 2013.
  2. 1 2 3 4 "Avella Specialty Pharmacy: Spreading Innovation". Specialty Pharmacy Times. Retrieved November 12, 2013.
  3. 1 2 3 "ACE Awards: The 5 fastest-growing Arizona private companies". Phoenix Business Journal. Retrieved November 12, 2013.
  4. 1 2 3 "'The Apothecary Shops' To Launch Company Rebrand in August". Specialty Pharmacy Continuum. Retrieved November 12, 2013.
  5. 1 2 3 4 "LivingWell: Mix It, Pop It, Rub It Down with The Apothecary Shop". Desert Living Today. Archived from the original on June 29, 2013. Retrieved November 12, 2013.
  6. 1 2 "The Apothecary Shops spends $400K to expand business". Phoenix Business Journal. Retrieved November 12, 2013.
  7. 1 2 3 4 "Drugstore's focus on drugs helps it thrive". Columbus Business First. Retrieved November 12, 2013.
  8. "The Apothecary Shops plans expansion, hiring". Phoenix Business Journal. Retrieved November 12, 2013.
  9. 1 2 "Future of specialty pharmacy discussed at Drug Store News' Specialty Pharmacy Roundtable". Drug Store News. Retrieved November 12, 2013.
  10. 1 2 "Avella Specialty Pharmacy names new CEO". Drug Store News. 2014-01-31. Retrieved April 6, 2014.
  11. Christopher Geoffrey McPherson (July 1, 2014). "Avella Specialty Pharmacy attorney fulfills dream through medicines". AZCentral. Retrieved July 5, 2014.
  12. 1 2 "Avella Partners with Novartis to Boost Oral Oncology Adherence Rates". Specialty Pharmacy Times. Retrieved November 12, 2013.
  13. "Parsons Center opens in Phoenix, offering help to HIV/AIDS victims". AZ Central. Retrieved November 12, 2013.
  14. "10 Top Trends in Specialty Pharmacy". Specialty Pharmacy Times. Retrieved November 12, 2013.
  15. Brian Dolan (January 27, 2015). "Medication adherence app reminds pharmacy's HIV patients to take meds". MobiHealth News. Retrieved September 29, 2015.
  16. Vera Gruessner (April 17, 2015). "Mobile Health Technology Cuts Hospital Readmission Rates". mHealth Intelligence.
  17. "Pharmacist-turned-entrepreneur has the right medicine". The Arizona Republic. Retrieved November 12, 2013.
  18. 1 2 "Avella Specialty Pharmacy". Inc. Magazine. Retrieved September 29, 2015.
  19. "Dr. John Musil raised to work harder". Denver Business Journal. Retrieved November 12, 2013.
  20. "Registered Outsourcing Facilities". FDA.
  21. Gina Shaw (March 31, 2015). "Avella Approve for .Pharmacy Designation". Specialty Pharmacy Continuum. Retrieved September 29, 2015.
  22. Nicole Watkins (March 5, 2015). "Avella Inks Deal with Sentry Data Systems on 340B Drug Discount Program Efforts". Specialty Pharma Journal. Retrieved September 29, 2015.
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