Wedgewood Pharmacy honored by N.J. business association

SWEDESBORO, N.J. — The New Jersey Business & Industry Association has recognized Wedgewood Pharmacy, a one of the largest compounding pharmacies in the country according to the company, with its annual Award for Excellence, in the organization’s Business Success category.

The award is given annually to a business that has shown exceptional business growth, and since 2012, Wedgewood Pharmacy has seen a 44% growth in the number of its employees.

“Although we are a relatively small company, our ability to deploy significant technology improvements and process improvements using best-in-class change-management principles is crucial,” Wedgewood Pharmacy CEO Lucy Malmberg said. “We believe these skill sets enable us to compete and grow in a dynamic industry and are useful tools in optimizing our ability to serve the needs of patients and prescribers.”

The company has 266 employees and has a 40,000-sq. ft. prescription and order intake department in addition to a laboratory and pharmacy dispensary. The company compounds prescriptions for 30,000 prescribers and patients.

“Our primary goal is to serve our patients,” Malmberg said. “We recognized that with our growth we had to develop processes that assured high quality and prompt delivery to our customers. We’re grateful that NJBIA has acknowledged our pharmacy and our dedicated people.”