This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

     Sharps Compliance Offers Hope On Earth Day For De-Fusing An Environmental Time Bomb: Medical Waste And Unused Medication Disposal

Sharps Compliance Corp. (NASDAQ: SMED) offers hope for de-fusing a hidden environmental time bomb ticking away in America: the safe disposal of unused medication, used syringes, needles and other medical waste generated by self-injectors, home healthcare patients, assisted living and long-term care facilities as well as professional offices such as doctors, dentists, vets and clinics.

“While medical waste disposal at hospitals and other healthcare facilities is highly regulated, medical waste outside of that setting has been largely unregulated for years,” states David P. Tusa, CEO and President of Sharps Compliance. “It is amazing that we as a country regulate the disposal of car batteries, oil and tires but not something much more dangerous like used syringes--which if stuck could cause life threatening illnesses.”

The environmental consequences, economic costs and health risks of improper medical waste disposal are immense. Needles and syringes wash up on our beaches and needlestick injuries can create risk of exposure to hepatitis and HIV infection. An estimated 3 billion needles are generated outside of the hospital setting each year and up to 800,000 people are stuck by improperly discarded syringes annually, exposing them to the potential threat of disease or infection.

Of the almost four billion prescriptions written in the U.S. annually, up to 40 percent of dispensed pharmaceuticals outside the hospital setting go unused, generating more than 200 million pounds of pharmaceutical waste.

When unused or old meds are flushed down the sink or toilet they can contribute to contaminated water supplies. Pharmaceuticals, antibiotics, and other substances can be found in the majority of groundwater streams and in the drinking water of more than 40 million Americans. Even a common drug like aspirin can be harmful if used long after it has expired. The chemical name for aspirin is acetylsalicylic acid. Very old aspirin can break down into salicylic acid and thus cause irritation of the stomach. Salicylic acid is used topically for numerous skin conditions including removing warts!

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,011.94 -28.43 -0.16%
S&P 500 2,109.60 -2.13 -0.10%
NASDAQ 5,076.5240 -6.4050 -0.13%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs