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My first job here with Stokes was as a sales rep selling human compounded medication. There’s still a lack of understanding of the difference between a 503A traditional compounding pharmacy versus a 503B outsourcing facility. Going into compounding was challenging because compounding is different than traditional retail.
Compounding pharmacies, unlike 503Bs, are not required to test the final product. They know in certain states they can’t dispense products from a compounding pharmacy, or even keep them in stock, but Epicur is able to provide a product that they can actually start patient care with immediately. It’s about reachability.
But if it’s completely unavailable, start by looking at alternatives, whether compounded or a similar product. What is their cost, and what is their customerservice like? What is their communication or customerservice like? What do you consider a qualified partner? I always start with what they offer.
In the pharmaceutical world of bookings, dispensing, clinical decisions, and customerservice, AI integration is on the up. Complex CompoundingCustom Medication Compounding : Preparing customised medications for patients with specific needs (e.g.
billion by 2025 , with a compound annual growth rate (CAGR) growth of more than 9%. It will enable healthcare providers and junior medical officers to collaborate effectively on specific patients using electronic health records, developing better customerservice and increasing customer satisfaction and retention.
Nicole shares her perspective on the importance of choosing the right compounding pharmacy to successfully manage your practices inventory. But, selecting the right compounding pharmacy (or any vendor, in general) can seem daunting. But, when it comes to compounded medications, there are many more factors to consider.
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