Medical Waste Firm Sharps Compliance Adds Collection Company

Medical Waste Firm Sharps Compliance Adds Collection Company

Medical and hazardous waste management firm Sharps Compliance Corp. has purchased collection company Alpha Bio/Med Services LLC for an undisclosed amount.

Houston-based Sharps also said it is launching a company-sponsored route-based pickup operation in Texas, serving the Texas cities of Dallas, Houston, San Antonio and Austin, as well as Shreveport, La., according to a news release.

Alpha Bio/Med, based in Paradise, Pa., is a route-based pickup service. It has revenue of $30 million, according to the Houston Chronicle.

"Alpha Bio/Med Services is a very well run organization and a great fit for Sharps as it allows us to service the Pennsylvania, Maryland and Ohio areas with both a route-based pick-up service as well as our traditional line of Sharps Recovery System mail-back solutions,” said David Tusa, Sharps president and CEO. “With this acquisition we are exploring opportunities to build and permit a treatment facility in the Northeast to most efficiently service our strong and growing customer base in the region."

Sharps has enhanced its service offering to include both a subcontracted route-based pick-up and the Sharps Recovery System mail-back to maximize savings and efficiencies for customers. The new service it launched focuses on the professional, assisted living and long-term care markets and will expand Sharps’ service offering to medium-quantity markets, such as surgery centers.

Sharps Compliance has been active in growth through partnerships. Last July it partnered with Chicago-based Veolia Environmental Services North America Corp. (VESNA) to offer its lighting and battery ship-back recycling program. Sharps marketed the service to existing and prospective customers as a complement to its line of medical waste and unused medication management solutions.

In 2012 it partnered with another medical waste management firm, Chicago-based Daniels Sharpsmart Inc., on a joint marketing alliance. Daniels’ operates a system for sharps reuse to reduce medical waste. Sharps and Daniels offer Sharps' mail-back/ship-back solutions for small quantity generators of medical waste and used healthcare products. Daniels provides its route-based pickup services for larger-quantity generators of medical waste. The companies said customers can blend the services to include both of offerings.

In early 2013 Sharps agreed to repurchase up to $3 million of its common stock.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.