Parenteral Therapy Associates

Parenteral Therapy Associates, Inc., operating primarily as BioPlus Specialty Pharmacy, is a leading provider of specialty pharmacy and home infusion services based in Altamonte Springs, Florida. Founded in 1989, the company specializes in managing complex medication therapies for patients with chronic and rare conditions, including cancer, multiple sclerosis, and autoimmune diseases. BioPlus is widely recognized for its high-touch clinical support, industry-leading referral processing speeds, and innovative digital patient engagement tools. In February 2023, the company was acquired by Elevance Health to be integrated into its Carelon health services division, significantly expanding the insurer's specialty pharmacy and infusion capabilities.