CHARLESTON, S.C., April 30,
2024 /PRNewswire/ -- Afaxys, LLC, a socially
conscious healthcare company focused on serving public health
professionals and their patients, today announced its new legal
distinction as a Public Benefit Corporation (PBC). This designation
further demonstrates Afaxys' commitment to the more than 31 million
Americans that rely on the public health system safety net for
their essential care, including sexual and reproductive
healthcare.
While our mission has evolved as our
business has grown, our true purpose remains steady – to do right
by society.
Different from traditional profit focused corporations,
registration as a PBC signifies a commitment to balancing social
purpose with business operations, fostering long-term value
creation and mission alignment.
"Afaxys was founded in 2008 to assure the long-term, well
managed supply of mission-critical contraceptives and other medical
products for public health family planning providers," said
Ronda Dean, President, CEO &
Co-Founder of Afaxys. "While our mission has evolved as our
business has grown, our true purpose remains steady – to do right
by society. I'm proud to see the change in our legal distinction as
a PBC while we continue to work towards the realization of this
important purpose we set for ourselves over 15 years ago."
To align with this new distinction, Afaxys has updated its
mission statement to:
The public benefit purpose of Afaxys, Inc. is
to advance health equity and contribute to a healthier, more
empowered society where every individual has the healthcare
resources needed to lead the fulfilling life they choose. Afaxys
will ensure access to high-quality products for patients served by
public health professionals.
About Afaxys
Afaxys, a Public Benefit Corporation,
uniquely partners with public health and private industry to ensure
healthcare providers have stable pricing and reliable access to the
products and services they need to care for their patients.
The Afaxys enterprise comprises a family of companies that
operate under two wholly owned subsidiaries: Afaxys Pharma, LLC and
Afaxys Group Services, LLC (AGS). Afaxys Pharma provides a broad
portfolio of branded and generic contraceptives to the public
healthcare market. AGS is a strategic sourcing operation that
negotiates favorable pricing across a broad base of products and
services through its Group Purchasing Organization and emapp. For
more information visit www.afaxys.com.
Media Contacts
Green Room Communications
gr_afaxys@grcomms.com
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SOURCE Afaxys, Inc.