What PTC Does
The company, a pharmaceutical repackager and wholesale distributor,
has developed a proprietary, automated drug dispensing system that
allows physicians to provide prescribed medications directly to
patients while at the doctors office (or via mail for refills).
Physicians may dispense to all cash (self-insured) patients, workers
compensation and much of the population insured for pharmaceuticals
through the immediate electronic claims adjudication feature of
The system manages inventory automatically by tracking dispensing
patterns and placing appropriate purchase orders, via internet or modem, to
PTC (just-in-time inventory).
The company has repackaged and distributed pharmaceuticals since
1986. Based in Tulsa, Oklahoma, PTC maintains DEA, FDA and state
pharmaceutical licenses. Initially, the company devoted itself to
supplying pharmaceuticals to niche markets, notably correctional
facilities and Workers Compensation practices. More recently, state
of the art dispensing software has been created for general office
use. Regional and national media attention is now increasing demand
for the PTC dispensing system.