Midland-based Apothecary Shoppe Pharmacy said Tuesday it had won a three-year, $2.5 million contract from the Michigan Department of Management and Budget to provide sexually transmitted disease medications to Michigan Department of Community Health agencies throughout the state.
The purpose of the contract is to provide for the purchase of STD medications in unit of use packaging to protect the health, safety, or welfare of Michigan citizens or visitors.
“This State of Michigan Contract is important not only for our company, but also for the Tri-Cities area and the State of Michigan, especially considering recent unemployment statistics,” said Apothecary Shoppe CEO Kevin Roeder. “Contracts such as this one are going to be the building blocks of our continued strong growth and progress toward adding 200 new positions over the next few years.”
Two area economic development organizations have assisted the company’s growth in the region and have worked collaboratively to provide economic resources. Midland Tomorrow has assisted TASP with a number of recent expansion projects that have advanced the company’s market capabilities. Most recently, the Saginaw Future Inc. Procurement Technical Assistance Center was able to assist the company with its winning government contract bid. Saginaw Future's PTAC provides free procurement assistance to businesses in Saginaw, Midland, Bay, Gladwin and Clare Counties.
“The Saginaw Future PTAC and Midland Tomorrow, as well as staff at MEDC, have been instrumental in helping us grow our business and in securing this State of Michigan Contract,” Roeder said. “Despite the doom and gloom associated with our fine state, we have been very encouraged by the support we have received locally from Saginaw Future, Midland Tomorrow and statewide from Lansing.”
The Apothecary Shoppe began operations in 2000 with six employees and has seen significant growth. It now employs more than 175 people offering prescription medications, medical supplies, and over-the-counter products through diverse drug delivery systems in the long term care, retail, compound, home delivery and infusion pharmaceutical markets. It has also been selected as one of Michigan’s “50 Companies to Watch” by The Edward Lowe Foundation.
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