Sharps Compliance says is well positioned to penetrate waste management market
The company said, "FY18 was a year of growth in all markets other than Pharmaceutical Manufacturer and continued transformation and repositioning of the Company as a comprehensive provider of value-added services and solutions to multiple markets. Going into FY19, we see four primary revenue streams driving growth including our traditional medical waste mailback, route-based medical waste pick-up services, unused medication management solutions and the new single use device recycling system. The team is very excited and focused on growth in all markets through the increased sales of the solution offerings driving these four revenue streams. We believe we are very well positioned to further penetrate the estimated $1B small and medium quantity generator medical waste management market and to drive growth in developing markets for ultimate user unused medication management as well as in the recycling of single use devices, each of which we believe could develop into $1B market opportunities."