About Talyst

Corporate Overview

Talyst is Engineering the Safer Pharmacy. The company was founded in 2002 to provide easy-to-use, automated medication management systems to acute care hospital pharmacies. The following year, Talyst launched AutoPharm®, the innovative software platform designed to integrate medication storage, inventory, ordering, barcoding, and clinical systems.

The initial growth of the company was supported by two rounds of funding. In early 2005, a $9 million round of institutional financing directed by PineBridge Investments (formerly AIG Global Investment Group, a subsidiary of American International Group, Inc.) enabled Talyst to expand its installation/support team and invest in proprietary product development.

In late 2006, the company received $20 million in growth funding to aggressively pursue its commitment to innovation and expansion into new pharmacy markets. That funding was co-led by Ignition Partners and OVP Venture Partners.

By mid 2010, Talyst had installed pharmacy automation systems in close to 400 acute care hospitals and integrated healthcare companies. By leveraging our expertise in acute care pharmacy automation, we are now building unique systems designed specifically to meet the needs of long-term care facilities and correctional institutions. Talyst is dedicated to delivering world-class software and proven hardware components to enhance efficiency, provide greater inventory control, and improve patient safety in all care environments.

Talyst remains dedicated to ‘Engineering the Safer Pharmacy’, one customer at a time.