Press Release

GENENTECH, INC. CONTINUES EXCLUSIVE SPONSORSHIP OF NEXUS AWARD

ARLINGTON, Va. – November 17, 2010 – The Center for Healthcare Supply Chain Research, the research foundation of the Healthcare Distribution Management Association (HDMA), today announced that Genentech, Inc., a wholly-owned member of the Roche Group, will continue its exclusive sponsorship of the prestigious Nexus Award for Lifetime Achievement. The sponsorship is part of an ongoing commitment by the Center and Genentech to recognize and honor excellence in the healthcare distribution industry.

“The Nexus Award is the healthcare distribution industry’s highest recognition, honoring exceptional character, accomplishments and leadership in HDMA, the industry and the community,” said Karen J. Ribler, Executive Vice President and COO of the Center. “The Center and HDMA are pleased that Genentech will once again sponsor the Nexus Award, which acknowledges a lifetime of significant accomplishments in the healthcare distribution industry.”

This lifetime achievement award will be presented on Monday, June 6 during the HDMA 2011 Business & Leadership Conference at the JW Marriott Desert Ridge in Phoenix.

“Genentech is proud to continue its support of the Center and the Nexus Award,” said Steve Harper, Senior Director of Channel Strategy and Management for Genentech, Inc. “For more than 50 years, this prestigious award has recognized individuals whose commitment, vision and initiative have been unparalleled in our industry. As a company, we value all that this award represents, including leadership, exemplary service and professional excellence in the healthcare distribution industry and in the community.”

Nexus Award recipients will be selected by the Nexus Award Committee from nominations received before February 11, 2011. Further information is available in the following nomination form and on the Center’s website, http://www.hcsupplychainresearch.org. 

About the Center
The Center for Healthcare Supply Chain Research is a 501(c)(3) non-profit charitable organization that serves as the knowledge partner of the Healthcare Distribution Management Association (HDMA). The Center serves the healthcare industry by providing research and education focused on healthcare supply chain issues. The Center’s mission is twofold: to conduct research and disseminate information that will enhance the knowledge base, efficiency and effectiveness of the total healthcare supply chain; and to provide thought leadership to further enhance the safety and security of the healthcare supply chain through future-focused study and programming.

About HDMA
HDMA is the national association representing primary healthcare distributors, the vital link in the healthcare system. Each business day, HDMA member companies ensure that more than nine million prescription medicines and healthcare products are delivered safely and efficiently to 164,000 pharmacies, hospitals, nursing homes, clinics and others nationwide. HDMA and its members work daily to provide value and contain costs, saving the nation’s healthcare system an estimated $32 billion per year. For more information, visit www.HealthcareDistribution.org.