Cdex, Inc. (fka CDEX)

[paige]

Crow....taken from the Arizona Stateboard Minutes..

AGENDA ITEM 14 - Valimed

Shaun Priest, from Valimed, was present to give the Board a brief overview of his company. Mr. Priest stated that his company has developed technology that allows them to validate medications, including concentration, in seconds using UV light. Mr. Priest stated that their lab is located in Tucson.

Mr. Priest stated that they can validate medications for patient safety to insure that the right amount of drug is in an IV bag. Mr. Priest stated that they can validate narcotic returns to insure that no one has diluted the medications. Mr. Priest stated that they can do accuracy testing for sterile compounding. Mr. Priest stated that they are able to detect counterfeit medications, including tablets.

Mr. Priest stated that currently 5 hospitals are using their services for end product testing and they have 84 signatures on file that they can identify.

President McCoy thanked Mr. Priest for appearing and educating the Board on the services that his company provides.