Secure Medication Systems Receives New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c7bec191-cc3f-43e0-8207-365a72ed6418
Date
10/6/2016
Company Name
Secure Medication Systems
Mailing Address
3711 Bald Eagle Lane Fort Collins, CO 80528 USA
Company Description
Designed for use in the mass retail dispensing environment, the company’s vials Safe Rx LPVs prevent pilfering, the number one source for teen prescription drug abuse nationally and the ultimate origin of the opioid epidemic.
Website
Undisclosed
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
The company intends to use the proceeds to launch its line of locking prescription vials (LPVs), designed for use by pharmacies in dispensing controlled substances and other dangerous medications.
M&A Terms
Venture Investor