Veranto expands reach, mass with distributor deals

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South San Francisco--Veranto Inc. said Monday that it has signed contracts with LABSCO and St. Louis Home Care Distributing for inclusion in its health care b-to-b portal. The two companies spend about $100 million on health care supplies and give Veranto an additional 10,000 corporate buyers to sustain its buying hub. The contract calls for Veranto, South San Francisco, to provide such services as strategic sourcing of product, purchasing, corporate rebates and contract management. Also Monday, Veranto said it plans to enter into medical-equipment sales through a deal with wholesale distributor Independence Medical, and plans to provide buying services to companies based in Canada and Mexico.
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