Hospira

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Hospira

Hospira (pronounced: hos-PEER-uh) is a global pharmaceutical and medical device company. It was established in 2004 as a spin-off from Abbott Laboratories and was later acquired by Pfizer in 2015.

Etymology

The name "Hospira" is derived from the words "hospital", "spirit", "inspire" and "aspirations", reflecting the company's focus on healthcare and its goal to provide solutions that inspire progress in patient care.

History

Hospira was originally a part of Abbott Laboratories, a global healthcare company. In 2004, Abbott decided to spin off its hospital products division, which became an independent company named Hospira. The company specialized in injectable pharmaceuticals and infusion technologies. In 2015, Hospira was acquired by Pfizer, one of the world's largest pharmaceutical companies.

Products and Services

Hospira's product portfolio includes generic acute-care and oncology injectables, as well as integrated infusion therapy and medication management systems. The company's products are used by hospitals and alternate site providers, such as clinics, home healthcare providers and long-term care facilities.

Related Terms

  • Abbott Laboratories: A global healthcare company that Hospira was originally a part of.
  • Pfizer: A multinational pharmaceutical corporation that acquired Hospira in 2015.
  • Infusion Therapy: A health care treatment in which medication is delivered directly into the veins, commonly used in hospitals and other healthcare settings.
  • Medication Management Systems: Systems used to assist in the distribution, control, and tracking of medications in a healthcare setting.

External links

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