MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions, announced today that it is expanding its leading position in adherence packaging with the acquisition of AARDEX Group SA. AARDEX Group is the leader and pioneer in the design and use of electronic medication event monitoring systems and applications designed to measure, analyze, and manage patient adherence in clinical drug trials.
“The trend to measure patient adherence in the clinical drug development process is clearly growing,” said Dr. Bernard Vrijens, managing director, AARDEX Group and adjunct professor, University of Liège Faculty of Medicine. “MWV’s history in and commitment to better patient adherence, its ability to help AARDEX Group scale up its business, and its presence as a global and strategic supplier to many pharmaceutical companies make this a great fit for both companies.”Dr. Henry Milgrom, MD, professor and director, Ambulatory Pediatric Allergy Program at National Jewish Health, is a leading researcher in allergy and asthma and a proponent of measuring adherence in clinical trials. He states that “unrecognized non-adherence masquerades as drug resistance. The only way to tell apart those patients who do not respond to their medications from others who do not adhere to their treatment protocol is to monitor their level of adherence.” He further adds that “collecting patient adherence information should become an essential part of most clinical trials.” With the acquisition of AARDEX Group, MWV adds the Medication Event Monitoring Systems (MEMS ®) Cap for bottles to its portfolio of adherence-enhancing package designs that currently includes Cerepak ®, Helping Hand ®, Dosepak ®, Dosepak Express ®, Med-Easy ® and Shellpak ® solid oral dose solutions. These packaging solutions have had a positive effect on patient adherence in clinical trials and commercial settings by eliminating double-dosing or omission of dosing. The AARDEX Group management team will remain in place and the team of 12 employees will become MWV employees. Dr. Bernard Vrijens will serve as managing director, AARDEX, and will engage more broadly with pharmaceutical customers and prospects around adherence strategies in drug development and life-cycle management. Dr. John Urquhart will continue to work in the new organization as Senior Scientific Advisor.
About MWV HealthcareMWV Healthcare is a trusted global provider of packaging solutions to pharmacies, pharmaceutical companies, healthcare companies, and contract packagers. We are leaders in adherence-enhancing packaging, and key innovators in medical plastics designed to meet the global needs of the healthcare industry. We supply customers around the world with market-leading pharmaceutical adherence packaging, pumps and sprayers. MWV offers complete and integrated packaging solutions from innovation through commercialization and beyond, with comprehensive product life cycle support and delivery. For more information, please visit www.mwvhealthcare.com About MWV MeadWestvaco Corporation (NYSE: MWV), provides packaging solutions to many of the world’s most-admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, and tobacco industries. The company's businesses also include Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company’s land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 15,000 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for eight consecutive years. For more information, please visit www.mwv.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50301895&lang=en