Dispensing Solutions Spins Out New Company

Santa Ana-based Dispensing Solutions, a provider of services to the pharmaceutical supply chain, announced today that it has carved out technology from the firm to form a new company, POC Network Technologies Inc. According to Dispensing Solutions, it has carved out the firm's eDispense technology and related assets into the new firm. The firm's eDispense technology is used for point-of-care medication dispensing programs, prescription claim management, and claims submissions. According to Dispensing Solutions, the spin-off will allow it to concentrate on its core competency, and allow the new firm to focus on expanding into new markets.