Omnicell, Inc.
A maker of automated medication-management systems for hospitals and retail pharmacies, Omnicell builds the robotic cabinets and dispensing machines that store, track, and hand out medicines and supplies. The company was founded in 1992 by Randall Lipps, who got the idea while visiting his newborn daughter in a hospital NICU and watching nurses hunt for supplies; he teamed up with Stanford graduate students to build the first automated supply cabinet. Its name blends the Latin "omni" (all) and "cell" (small room), reflecting its all-in-one storage units.
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