MedInitiatives signs deal with online drug store

A Rancho Cordova-based health information technology company has signed a deal with an online pharmacy communications network to provide software tools to help drug manufacturers and pharmacies evaluate whether their programs are effective.

The agreement between MedInitiatives Inc. and ChainDrugStore.net was announced Tuesday. No financial details were given.

Founded in 2000, MedInitiatives is one of the fastest-growing companies in Greater Sacramento and has annual revenue of more than $8 million.