Veridicus Health, a Salt Lake City, UT-based provider of comprehensive and customizable pharmacy solutions, received a strategic investment of undisclosed amount.
The amount of the deal was not disclosed. As part of the investment, Drew Johnson and Whitney Bowman from Gauge Capital have joined the Veridicus Board of Directors along with Terry Rogers, who brings over 25 years of experience in the pharmaceutical and PBM industries to the Board, having served most recently as President of the Health Plan Division at Express Scripts (Nasdaq: ESRX).
The investment will enable the company to strengthen and expand its service offering.
Founded in 2009 and led by Doug Burgoyne, PharmD, Chief Executive Officer, and Jeff Dunn, PharmD, Senior Vice President of Clinical Programs, Veridicus Health provides pharmacy benefit management (PBM), medication therapy management, clinical care management, and Medicare PDP services to self‐ funded employers and plan sponsors.