Stericycle is a company that collects and disposes regulated substances like medical waste, pharmaceuticals, hazardous waste, and expired goods. The company began in 1989 and the headquarters are located in Lake Forest, Illinois. However, there are many areas around the world where this company operates. Stericycle is a compliance company that also provides training in communication services within the same industry. The partners with over one million healthcare professionals. They have several different divisions, including corporate, sales and client services, driving, and plant operations.
Stericycle was founded in 1989 as a medical waste company and went public in 1996. The founders were a group of investors who had a great deal of experience with the pharmaceutical industry as well as with hospital services. They envisioned a future where large-scale waste management would be required for hospitals. Some of the services that are offered by Stericycle include compliance training, industrial hazardous waste removal, controlled substance waste removal, pharmaceutical waste, biohazardous waste, virtual reception, follow-up services, appointment reminders, communication solutions and answering services, and lots more.
The company expanded to international status in 1997 when they begin a joint venture in Mexico. Since then, they have expanded throughout the United States and Canada as well as to Argentina, Ireland, Japan, Puerto Rico, Spain, the United Kingdom, Romania, and Brazil. They are a publicly traded company and in 2017 they reported revenue of $3.55 billion and revenue per share of $41.51.
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