Stericycle's SafeShield™ Medical Waste Container Named 2022 Product of the Year from the Business Intelligence Group

Rhea-AI Summary

Stericycle (Nasdaq: SRCL) has received the 2022 Product of the Year award from the Business Intelligence Group for its SafeShield™ Medical Waste Container. This award highlights the company's efforts in regulated medical waste management. The SafeShield™ containers, made with 15% recyclable content, feature a copper-based antimicrobial additive to prevent microorganism growth. Stericycle has distributed over 250,000 such containers across the U.S. in the past two years. This recognition marks the third time Stericycle has been honored by BIG, previously recognized for its COVID-19 waste management and sustainability efforts.

Positive

• SafeShield™ Medical Waste Container awarded 2022 Product of the Year.
• Over 250,000 units distributed in the last two years, showcasing strong market performance.
• Innovative design with 15% recyclable content and Cupron® antimicrobial technology enhances product appeal.

Negative

• None.

Container recognized for its innovative disposal solution

BANNOCKBURN, Ill., Dec. 8, 2022 /PRNewswire/ -- Stericycle, Inc. (Nasdaq: SRCL), a leading provider of regulated medical waste management, secure information destruction solutions today announced its SafeShield™ Medical Waste Container¹ has been named the 2022 Product of the Year by the Business Intelligence Group (BIG).  The organization's annual program rewards companies, products and people that are leading their respective industries.

SafeShield™ Medical Waste Containers are high-quality containers specifically designed for the storage and transport of regulated medical waste (RMW). The reusable waste containers are made with 15% recyclable content and exclusively equipped with Cupron^®, a copper-based antimicrobial additive that provides an additional level of protection to help combat the growth of microorganisms on the containers. The containers also offer customers improved design, durability, and better storage options. Over the last two years, Stericycle has distributed over 250,000 SafeShield™ medical waste containers to customers across the U.S.

"We are honored to receive this recognition of our SafeShield™ Medical Waste Container from the Business Intelligence Group," said Cory White, chief commercial officer at Stericycle. "Recent public health emergencies from COVID-19 and other infectious diseases have only intensified the need to help address medical waste management issues facing healthcare organizations and providers. Stericycle continuously strives to develop new and innovative products and services that help our customers protect their patients, staff, and the communities they serve."

"We are so proud to reward Stericycle for their outstanding 2022 leadership and achievements," said Maria Jimenez, chief nomination officer of the Business Intelligence Group. "This year's group of winners have shown that resilience and determination are 'must-haves' in today's economy."

This is the third time Stericycle has been honored by BIG. The first time was in 2020 when Stericycle was named an Enterprise Company of the Year for its efforts to safely and responsibly dispose of COVID-19 related medical waste.  In 2021, the company was recognized with the Sustainability Product of the Year award for its MedDrop™ medication collection kiosks, which provide a convenient way for consumers to dispose of unneeded medication while also helping to reduce the impact of pharmaceuticals on the environment, when they are improperly disposed.

About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

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. For more information about Stericycle, please visit stericycle.com.

¹ Antimicrobial properties are built in to inhibit the growth of bacteria and fungus that may affect the container. The antimicrobial properties do not protect users or others against bacteria, viruses, germs or other disease organisms. Containers should be thoroughly cleaned after each use.

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

Business Intelligence Group
Maria Jimenez, Chief Nominations Officer
1-909-529-2737
jmaria@bintelligence.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/stericycles-safeshield-medical-waste-container-named-2022-product-of-the-year-from-the-business-intelligence-group-301697721.html

SOURCE Stericycle

FAQ

What is the significance of the 2022 Product of the Year award for Stericycle (SRCL)?

The award signifies Stericycle's innovation in the healthcare waste management sector, recognizing the SafeShield™ Medical Waste Container as a leading product.

How many SafeShield™ Medical Waste Containers has Stericycle distributed?

Stericycle has distributed over 250,000 SafeShield™ Medical Waste Containers across the U.S. in the past two years.

What features make the SafeShield™ Medical Waste Container innovative?

The container includes 15% recyclable material and a Cupron® copper-based antimicrobial additive to prevent microorganism growth.

Has Stericycle received other awards for its products?

Yes, Stericycle has previously received honors from the Business Intelligence Group, including the Enterprise Company of the Year in 2020 and Sustainability Product of the Year in 2021.