Not-for-profit Generic Drug Company Officially Established

Seven major health systems team up to form a nonprofit company named Civica Rx to manufacture their own generic drugs. They pick Martin VanTrieste, formerly chief quality officer for Amgen, as CEO. The initiative got an official name—Civica Rx—in addition to $30 million in funding from a slew of major investors including the Laura and John Arnold Foundation.

Media Coverage
  • Washington Post
  • Beckers
  • Business Wire
  • PRNewswire

500
Hospitals

Focus on
14
Medications

$100
Million From:
Catholic Health Initiatives
HCA Healthcare
Intermountain Healthcare
Mayo Clinic
Providence St. Joseph Health
SSM Health
Trinity Health

Not-for-profit Generic Drug Company Officially Established

Seven major health systems team up to form a nonprofit company named Civica Rx to manufacture their own generic drugs. They pick Martin VanTrieste, formerly chief quality officer for Amgen, as CEO. The initiative got an official name—Civica Rx—in addition to $30 million in funding from a slew of major investors including the Laura and John Arnold Foundation.

Media Coverage
  • Washington Post
  • Beckers
  • Business Wire
  • PRNewswire

500
Hospitals

Focus on
14
Medications

$100
Million From:
Catholic Health Initiatives
HCA Healthcare
Intermountain Healthcare
Mayo Clinic
Providence St. Joseph Health
SSM Health
Trinity Health