Wedgewood Pharmacy receives Marcum Innovator of the Year Award.

(Swedesboro, New Jersey—October 27, 2016) Wedgewood Pharmacy, the largest U.S. compounding pharmacy specializing in animal health, was awarded the fourth annual Marcum Innovator of the Year Award at a ceremony last evening at the Sugarhouse Casino in Philadelphia. The awards program recognizes the Greater Philadelphia metropolitan area’s most innovative individuals and organizations in their fields. The finalists collectively add vitality and economic stability and raise the bar higher for both Philadelphia businesses and the U.S.

Wedgewood Pharmacy was selected from among 37 finalists in biotech/healthcare, business services, manufacturing, real estate and technology sectors. The company tied with Triose, one of three finalists in the Biotechnology/Healthcare large-company category.

In accepting the award, Marcy A. Bliss, president and CEO of Wedgewood Pharmacy, said, “Innovation is a not an individual pursuit. I thank and salute our more than 300 employees whose extraordinary listening and thinking led to this award and allow us to serve the unique needs of tens of thousands of veterinarians and more than 100,000 pet owners nationwide. We’re grateful, too, to our prescribers whose dedication to solving difficult problems for patients motivate our work.”

The Marcum Awards are sponsored by Marcum LLP, a public accounting and advisory services firm, and SmartCEO, a publisher, to celebrate companies that blaze a trail in their fields by constantly seeking new ways to advance their industries.

Jaime Nespor-Zawmon, president of SmartCEO added, “Innovation drives progress, prosperity and growth, and the 2016 Marcum Innovator of the Year finalists have proven that their contributions have made an impact on their clients and the Philadelphia region, if not the world. We are proud to recognize them for their distinguished achievements, their commitment to a better future and their fearless pursuit of excellence.”

In June 2016, Chicago-based New Harbor Capital became the majority owner of the company. George (late) and Lucy Malmberg, both pharmacists, purchased Wedgewood Pharmacy in 1981; the pharmacy was founded in 1980. In its 36-year history, the company has grown from a local community pharmacy to become one of the largest compounding pharmacies in the United States, serving more than 30,000 prescribers and hundreds of thousands of patients throughout the U.S. every year with customized animal-health and human-health prescriptions. The company employs more than 300 people in its 40,000 square-foot state-of-the-art compounding pharmacy.

Wedgewood Pharmacy is accredited by Pharmacy Compounding Accreditation Board (PCAB®) for compliance with PCAB pharmacy compounding accreditation standards. PCAB is a service of Accreditation Commission for Health Care and is a third-party accreditation organization that has developed the highest national standards that providers are measured against in order to illustrate their ability to effectively and efficiently deliver quality compounded medications to consumers.