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Syncor International in Pharmaceutical Deal

October 28, 1997

Syncor International Corp. said it signed a five-year sole-source contract with AmeriNet Inc. to supply unit dose and bulk radiopharmaceuticals on a national basis.

The Chatsworth-based pharmaceuticals firm said that the agreement has a potential value of $210 million.

St. Louis-based AmeriNet is one of the largest group purchasing organizations in the nation with more than 7,100 members in all 50 states making more than $3.5 billion in purchases annually.

Members include acute care hospitals, surgery centers, long-term care facilities, HMOs, clinics and group medical practices.

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