Press Releases

Randox Announces Major US Contract with Novation

Mar 3, 2014, 00:00 AM by Michael Croft
CRUMLIN, NORTHERN IRELAND, UK - Mar 3, 2014 - Randox Laboratories has further expanded its market presence in the US, having been awarded a major supplier agreement with Novation, the largest hospital and healthcare purchasing organization in America
Randox to supply leading health care company with third party quality controls

CRUMLIN, NORTHERN IRELAND, UK - Mar 3, 2014 - Randox Laboratories has further expanded its market presence in the US, having been awarded a major supplier agreement with Novation, the largest hospital and healthcare purchasing organization in America.

The contract means Randox third party quality control products, which are widely considered to be the most accurate in the world, will now be readily available to Novation members across the States.

Randox is one of the largest manufacturers of third party quality control products in the world. Quality Control is the bedrock of patient blood testing as it helps laboratories assure accuracy in their testing procedures. If errors occur during testing, this can result in misdiagnosis and inappropriate or delayed treatment, which ultimately can be life threatening for the patient.

Novation manages purchasing contracts for more than 600 suppliers including VHA, United Healthcare, Children's Hospital Association and Provista LLC, which in turn manage the supply chain for more than 100,000 healthcare facilities. In 2012 their combined purchasing power amounted to almost $43 billion, a marketplace in which Randox aims to take a firm foothold as a leading supplier of clinical diagnostic quality control products.

As part of the deal, Randox will be the only supplier of quality control products available through Novaplus, an exclusive package for Novation members which delivers the best financial value on the products healthcare facilities use most.

Steven Jordan, Global Business Manager, Randox QC said:

'This deal with Novation is a strategically important step in Randox's expansion in the US, and we are delighted that our world-leading QC products will now be available for use in many more laboratories throughout the States. I am confident that the quality and range of products available from Randox will make us stand out in the Novation supplier portfolio.'

For more information please contact Louise McVicker on +44 (0)28 9445 1016 or email louise.mcvicker@randox.com or PR@randox.com