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FOR IMMEDIATE RELEASE
Contact:
Bill Park, President & CEO
[email protected]
Randy Parker, Vice President & CFO
[email protected]
(843) 277-8250
PHARMRIGHT CORPORATION ANNOUNCES MILESTONE PRE-SALE OF LIVITM DEVICES
Utopia Assisted Living Reserves 375 Medication Dispensers
April 20, 2015; Charleston, SC: PharmRight Corporation, a healthcare technology company based in Charleston, SC,
announced today that Utopia Assisted Living, headquartered in Kings Park, NY, has signed a Letter of Intent to
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purchase 375 Livi devices. Livi is a fully-automated, cloud-connected home medication dispensing system
designed and developed by PharmRight.
Bill Park, President and CEO of PharmRight, said “We are very excited to be working with Utopia. They are a market
leader in home care and assisted living. A commitment of this size reinforces the strength of our early go-to-market
strategy.”
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David Martinez, CEO of Utopia said, “We see Livi as a new paradigm in patient care that will allow us to provide
better service in a more efficient way. This is exactly what new technology is supposed to achieve. Kudos to
PharmRight for this truly innovative solution to the medication adherence challenges our industry has been facing for
so long.”
About PharmRight
PharmRight Corporation was formed in 2013 to produce devices and offer services that maximize medication
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adherence and allow patients to age in place. The company has developed Livi , an innovative, fully-automated
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home medication dispenser. A new entrant to what is being called “The Internet of Things,” Livi is designed to
simulate the supervision of an on-site caregiver by prompting the user to take the right medication…at the right
time…in the right quantity…with the right instructions under the Internet-enabled remote oversight of a caregiver or a
team of caregivers. A cloud application monitors and captures all user interactions with the device. Family members
and professional caregivers can be alerted via text message or e-mail if a user misses a dose or requires a re-fill.
Comprehensive medication adherence reports are available via computer and mobile devices.
About Utopia
Utopia Assisted Living provides nursing and personal care to individuals living in managed residential communities
throughout the state of Connecticut. The company currently services 16 locations, including The Towers in New
Haven, the largest assisted living community in the state. Utopia Assisted Living is an affiliate of Utopia Home
Care, one of the country’s leading independent home care agencies with operations in New York, Connecticut,
Pennsylvania, North Carolina, South Carolina and Florida.
For more information, contact PharmRight at (843) 277-8250 or [email protected].