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As the founder and chief executive officer of FFF Enterprises, Inc., Patrick M. Schmidt is a recognized leader in the healthcare community, having introduced many industry firsts that have paved the way to create solutions to challenges faced by both healthcare providers and patients.
Patrick founded FFF in 1988 with $100 and a mission: to make the biopharmaceutical supply chain safer and more secure, and ultimately to achieve the goal of “Helping Healthcare Care,” the motto that drives every decision at FFF even today.
One example of this commitment is epitomized by FFF’s specialty pharmacy, NuFACTOR, a subsidiary formed to provide immune globulin, coagulation factors and vaccines directly to patients. The ability to have a positive and often profound impact on the quality of life of a patient in need is what truly motivates Patrick. Product integrity is another of his concerns. Resolving the issues of product authentication and tracking, which Patrick recognizes as central to securing the pharmaceutical supply chain, FFF developed pioneering technologies such as the Verified Electronic Pedigree™ (VEP) system, which electronically displays the chain of custody for every product, and the Lot-Track™ service, which tracks products by lot number and provides recall notification to those affected. This foresight is what also led his company to develop the best practices to ensure supply chain integrity that FFF calls The 8 Critical Steps to Guaranteed Channel Integrity™. In addition, innovative FFF programs such as MyFluVaccine™ and VaxAmerica™ offer revolutionary approaches to vaccination that remove barriers for healthcare providers, patients and health plans to access the preventive vaccines that are vital to long-term health and wellness.
A visionary leader, Patrick is nationally recognized as an expert on supply chain integrity. He is a regular commentator on the biopharmaceutical industry and a frequent speaker at government, industry and community conferences.
Patrick has one daughter and puts his faith and trust in God first and foremost in his life. Among the organizations that his company supports are Save One Life, the Eric Dostie Memorial Scholarship, I Give For Kids, the Jeffrey Modell Foundation, the National Hemophilia Foundation and its local chapters, the Neuropathy Action Foundation, The Alliance for Plasma Therapies, The Myositis Association, The Neuropathy Association and Advocacy for Patients with Chronic Illness.