Stericycle Announces New SafeShield™ Medical Waste Containers

Rhea-AI Summary

Stericycle (Nasdaq: SRCL) has introduced the SafeShield™ antimicrobial medical waste containers, enhancing its medical waste management solutions. These containers feature antimicrobial properties to combat microorganisms, an improved design for secure storage, and increased durability for transport. With plans to replace over 150 existing container types with fewer than 20, Stericycle aims for a phased rollout, delivering approximately 290,000 containers in 2022. This initiative reflects Stericycle's commitment to sustainability and customer needs, as they recycle decommissioned containers to minimize landfill waste.

Positive

• Introduction of SafeShield™ containers enhances product offerings.
• Containers feature antimicrobial properties to improve hygiene.
• Planned phased rollout increases market presence with 290,000 units in 2022.
• Streamlining container portfolio to reduce complexity and improve efficiency.
• Focus on sustainability through recycling decommissioned containers.

Negative

• None.

Company to streamline medical waste collection with new portfolio of innovative containers to better serve customers and help protect communities

BANNOCKBURN, Ill., April 6, 2022 /PRNewswire/ -- Stericycle, Inc. (Nasdaq: SRCL), a leading provider of medical waste management, secure information destruction and patient engagement solutions, today announced its new SafeShield™ antimicrobial medical waste containers, a line of high-quality, standardized containers specifically designed for the storage and transport of regulated medical waste (RMW). Compared to Stericycle's current containers, this new line of containers provides customers with an improved design, better storage options and an additional level of protection to help combat the growth of microorganisms on RMW containers. Stericycle previously began rolling out the containers to select U.S. markets and has planned a phased national rollout.

"Our SafeShield™ medical waste containers are designed to meet our customers' needs as RMW generators," commented Cory White, chief commercial officer at Stericycle. "The safe and efficient management of RMW helps hospitals and healthcare systems run more effectively. Through continued innovation and investment, Stericycle aims to provide safe, responsible and sustainable products and services that help healthcare organizations protect the health and well-being of the people and communities they serve, so they can focus on what matters most– patients."    

The new SafeShield™ containers include features such as:

• Antimicrobial Properties: SafeShield™ containers are exclusively equipped with Cupron®, a copper-based antimicrobial additive to help prevent the growth of bacteria, fungi, mold and mildew, which can reduce odors and increase cleanliness. The containers also have a smooth interior finish with built-in drainage ports for easy cleaning.
• Improved Design: These new, reusable RMW containers have an integrated lid that closes securely and eliminates lid misplacement. These containers are also nestable and stackable, enabling Stericycle drivers to load and transport more containers at one time.
• Durability: SafeShield™ containers have reinforced handles to help withstand heavy loads. The split lid also securely locks and includes a tie area for added security during storage and transport.

Over the next several years, Stericycle will simplify its container portfolio and work with customers to transition from their current containers to the new models, ultimately aiming to reduce its line of more than 150 containers to less than 20. In 2021, approximately 75,000 new SafeShield™ containers were delivered to customers. In 2022, Stericycle plans to ship approximately 290,000 SafeShield™ containers to customers across the U.S. with an additional phased roll-out to follow. As the new containers are introduced in the marketplace, Stericycle will recycle as many of the decommissioned containers as possible to help reduce landfill waste.

For more information about the SafeShield™ containers or to speak with a Stericycle representative, visit the Stericycle website: https://www.stericycle.com/en-us/solutions/regulated-waste-disposal/SafeShield.

About Stericycle

Stericycle, Inc., is a U.S. based business-to-business services company and leading provider of compliance-based solutions that protects people and brands, promotes health and well-being and safeguards the environment. Stericycle serves customers in the U.S. and 16 countries with solutions for regulated waste and compliance services, secure information destruction and patient engagement. For more information about Stericycle, please visit stericycle.com.

Media Contact:
Media Relations
Stericycle, Inc.
media@stericycle.com

 

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SOURCE Stericycle

FAQ

What are SafeShield™ medical waste containers by Stericycle?

SafeShield™ containers are antimicrobial medical waste containers designed to improve hygiene and efficiency in medical waste management.

When will Stericycle roll out new SafeShield™ containers?

Stericycle plans to deliver approximately 290,000 SafeShield™ containers across the U.S. in 2022.

What are the key features of SafeShield™ containers?

They feature antimicrobial properties, improved design for secure storage, and increased durability for transport.

How many container types is Stericycle planning to reduce to?

Stericycle aims to reduce its container types from over 150 to fewer than 20.

How does Stericycle plan to handle decommissioned containers?

Stericycle plans to recycle as many decommissioned containers as possible to minimize landfill waste.