Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners, announced today the Company's commitment of $500,000 in product donations to support relief efforts for victims of the devastating earthquake in Nepal. In addition, the Company has opened the Henry Schein Cares Nepal Disaster Relief Fund through the Henry Schein Cares Foundation. Contributions made to this fund will be applied directly and completely to support relief organizations' efforts.
Henry Schein is working closely with its strategic partner relief organizations including AmeriCares, Direct Relief, Heart to Heart International and International Medical Corps, to continually monitor and assess the need for medical supplies to help in the Nepal relief efforts. Henry Schein's medical donations will include more than two million surgical masks, a million pairs of gloves and thousands of bandages. The Company will also donate thousands of toothbrushes and toothpaste in response to a specific request for these hygiene products.
"Henry Schein is deeply saddened by the disaster in Nepal, and our thoughts are with the families of those who lost their lives and the thousands of others affected," said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. "In addition to our commitment to donate $500,000 in product, we are pleased that as part of our disaster preparedness and response plan, Henry Schein product was already in place with many of our NGO partners when the earthquake first struck Nepal, and was ready for immediate shipment to the affected area."
As a member of Partnership for Quality Medical Donations (PQMD), a global alliance leading the development and championing of high standards in medical supply and service donations, Henry Schein is committed to working in collaboration with other organizations whose focus is to ensure a coordinated response to disasters.
Henry Schein's support of relief efforts in Nepal is part of the Company's global corporate social responsibility program, Henry Schein Cares.
Henry Schein Cares stands on four pillars: engaging Team Schein Members to reach their potential, ensuring accountability by extending ethical business practices to all levels within Henry Schein, promoting environmental sustainability, and expanding access to health care for underserved and at-risk communities around the world. Health care activities supported by Henry Schein Cares focus on three main areas: advancing wellness, building capacity in the delivery of health care services, and assisting in emergency preparedness and relief. Firmly rooted in a deep commitment to social responsibility and the concept of enlightened self-interest championed by Benjamin Franklin, the philosophy behind Henry Schein Cares is a vision of "doing well by doing good." Through the work of Henry Schein Cares to enhance access to care for those in need, the Company believes that it is furthering its long-term success. "Helping Health Happen Blog" is a platform for health care professionals to share their volunteer experiences delivering assistance to those in need globally. To read more about how Henry Schein Cares is making a difference, please visit our blog: www.helpinghealthhappen.org.
About the Henry Schein Cares Foundation
Established in 2008, the Henry Schein Cares Foundation, Inc., a 501(c)(3) organization, carries out its mission through financial and health care product donations that support health care professionals and community-based programs focused on prevention, wellness, treatment, and education; disaster preparedness and relief; and capacity building of health institutions that provide training and care. To learn more about the Henry Schein Cares Foundation, please visit: www.hscaresfoundation.org.
About Henry Schein, Inc.
Henry Schein, Inc. is the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A Fortune 500 Company and a member of the S&P 500 and the NASDAQ 100 Indices, Henry Schein employs approximately 18,000 Team Schein Members and serves more than one million customers. The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 100,000 branded products and Henry Schein private-brand products in stock, as well as more than 150,000 additional products available as special-order items. The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services. Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 29 countries. The Company's sales reached a record $10.4 billion in 2014, and have grown at a compound annual rate of approximately 16 percent since Henry Schein became a public company in 1995. For more information, visit the Henry Schein website at www.henryschein.com.