NORM Ventures is a wholly-owned, for-profit subsidiary corporation of NORM. It was created to allow NORM to participate in for-profit business ventures without jeopardizing NORM’s non-profit status. All profits realized by NORM Ventures are used to help advance NORM’s mission.
At present, the majority of profits realized by NORM Ventures are derived from our 25% limited partnership interest in Cornerstone Partners GPO. Cornerstone Partners GPO is a group purchasing organization that provides competitive pricing for biological drugs. All members of NORM are eligible to join Cornerstone Partners GPO and many of the members’ practices have enjoyed substantial cost savings when purchasing their biological drugs.
If you would like to know more about NORM Ventures or Cornerstone Partners GPO, please contact NORM Treasurer, Rai McElroy.Posted by