|
|
Article: Drug therapies firm gains traction; Medication Management, using U of M technology, has won big customers such as General Mills.(BUSINESS INSIDER)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- August 24, 2009
- Author:
CopyrightCOPYRIGHT 2009 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: THOMAS LEE; STAFF WRITER
Breaking even wouldn't normally be cause for wild celebration. But considering the University of Minnesota's poor track record for spinning out companies, Medication Management Systems Incorporated's (MMS) feat seems rather impressive.
The Plymouth-based company, which offers software and services that help patients, employers and pharmacists manage drug therapies, estimates it will generate about $1 million in revenue this year -- about double 2008 sales -- and enough to break even based on operational costs. Its customers include General Mills, Wal-Mart Stores, and Coborn's Inc.
MMS, which spun off from the U ...