Praxsyn finalizes lease on new pharmacy lab building

Praxsyn Corporation today announced it has finalized a lease on a new building in Irvine, California for its pharmacy lab and billing services with expansion efforts now underway.

The new space will allow Praxsyn's wholly owned subsidiary, Mesa Pharmacy, to significantly increase the size of its pharmacy lab, providing capacity for new equipment, a more diverse list of offered medications and continued growth of its pharmacy staff. The expansion will also provide additional space for another wholly owned subsidiary, NexGen Med Solutions, a billing and collections company.

Praxsyn has more than 80 employees and has outgrown its current facilities. It is already expanding into the new building as the company continues to grow. The additional space is facilitating NexGen's ability to negotiate more settlements of in-house cases.

"Due to our new organizational strategy, our improved training program and our step-by-step approach, the pharmacy has been able to grow and reach the needs of our increased production,” Amy Summers, pharmacist in charge for Mesa, said. "I am impressed with my team of motivated pharmacists and technicians as they have challenged themselves and have outperformed my expectations."

The new facility lease was effective on July 1. The building is approximately 1,800 square feet and is  across the street from the Praxsyn corporate office and the Mesa Pharmacy lab.