Profile

Codonics, Inc. is a globally recognized leader in healthcare technology, committed to advancing patient safety and clinical efficiency. With a strong foundation in innovation, Codonics designs and manufactures cutting-edge medical devices, including its award-winning Safe Label System® (SLS), which has revolutionized the way hospitals approach medication preparation and administration by integrating barcode scanning, visual and audible safety checks, and on-demand full-color medication label output. This technology creates a standardization for the perioperative area and ensures compliance with The Joint Commission (TJC) requirements, American Society of Anesthesiologists (ASA) guidelines, recommendations from the Institute for Safe Medication Practices (ISMP), and dramatically reduces medication errors anywhere medications are prepared.

Codonics solutions are used in over 15,500 operating rooms and trusted in more than 1,000 hospitals worldwide, from small clinics to world-renowned healthcare facilities. The system seamlessly integrates with electronic health record (EHR) systems, including Epic and Cerner, improving documentation accuracy, patient safety and the anesthesia workflow. At the same time, SLS improves charge capture to deliver an ROI to the hospital.

Visit www.codonics.com

Key Products

Codonics Safe Label System (SLS) modernizes and improves the safety of medication preparation by electronically verifying vials and ampoules and provides clinicians with color-coded, compliant syringe labels in seconds. Each label includes a barcode for integration with the hospital’s EMR. When paired with Codonics SLS-WAVE scanner, clinicians can easily automate and ensure documentation accuracy of medications administered during the case.

Codonics Horizon Multi-media Imager is a compact, all-in-one medical printer designed to produce high-quality diagnostic images on film and paper for radiology modalities. It automatically switches between media types without operator intervention and is compatible with DICOM standards and Windows network printing, making it ideal for multi-modality imaging environments in hospitals and clinics.

Codonics Virtua Medical Disc Publisher allows medical facilities to automatically record and label patient studies and reports onto CDs or DVDs quickly and efficiently. It streamlines the process of distributing diagnostic information, ensuring that patients and healthcare providers can easily access and share medical data in a secure and reliable format.

Key Executives

Peter O. Botten, President & CEO

Peter Botten serves as the President and Chief Executive Officer of Codonics, Inc., a company he founded in 1982. A visionary entrepreneur and mechanical engineer, he holds numerous medical device and technology patents. His forward-thinking approach and relentless pursuit of innovation have shaped Codonics into a global leader in healthcare, recognized for its cutting-edge medical solutions.

Under his leadership, Codonics has grown from a small startup to a globally recognized brand in the medical device industry. His commitment to excellence has driven the company to deliver groundbreaking products that serve thousands of customers worldwide. Codonics has excelled in developing, manufacturing, and marketing advanced medical devices on a global scale for more than a quarter-century, building a reputation for excellence in product invention, innovation, and global distribution.

His strategic foresight and passion for innovation were instrumental in forging a partnership with Massachusetts General Hospital’s SIMS Lab to address a critical issue in healthcare: reducing preventable medication errors. Realizing the profound impact Codonics could have on patient safety, he spearheaded the development of the Safe Label System® (SLS), a product designed to significantly reduce medication errors during syringe preparation and administration. Under his direction, SLS became the first-of-its-kind FDA Class II Medical Device, setting a new standard in the industry.

Codonics Safe Label System is now the standard of care in over 1,000 hospitals worldwide, with more than 15,500 installations. The system has been utilized in over 67 million procedures and over 268 million drug preparations, preventing more than 2 million medication errors in 19 countries. His vision continues to save lives and reinforce Codonics’ mission to deliver revolutionary healthcare solutions.

Customer Insights

Customer testimonials can be found here.

Investors

Codonics is a privately-held company, established in 1982.

Competitors

Codonics Safe Label System (SLS) is a unique solution with no direct competition in the market, offering unmatched workflow enhancement, patient safety, and compliance with Joint Commission standards. SLS consolidates medication preparation confirmations and provides a compliant “smart” label with a barcode, ensuring accuracy and consistency. No other system delivers such a comprehensive approach to reducing human error and ensuring best practice compliance, making SLS a first-of-its-kind Class II medical device.

Corporate Responsibility

Codonics is committed to fostering a diverse and inclusive workplace. As an Affirmative Action and Equal Opportunity Employer, the company ensures equal opportunities for all individuals, regardless of race, gender, disability, or veteran status. Codonics actively promotes an environment where every individual can thrive and contribute, recognizing that diversity is essential to innovation and success.

The company is dedicated to ensuring access and opportunity for all individuals. In compliance with the Americans with Disabilities Act, Codonics offers reasonable accommodations and ensures that its services, programs, and employment opportunities are accessible to everyone. This commitment includes targeted recruitment of retired military personnel and partnerships with Ohio Means Jobs, demonstrating the company’s focus on veterans and accessible employment practices.

As a socially responsible organization, Codonics values its connection to the community. By collaborating with the Cuyahoga County Board of Developmental Disabilities, Codonics strives to provide meaningful career opportunities for individuals with disabilities, reinforcing its commitment to workforce development and social equity.