DiversifyRx - August 2024

Injectable GLP-1s for All HOW NON-COMPOUNDING PHARMACIES CAN GET IN THE GAME

SELL INJECTABLE GLP-1S THROUGH A 503B PARTNERSHIP So, how can your pharmacy leverage this option? Simply put, you can purchase injectable GLP-1s from a 503b pharmacy and sell them directly to your patients with a prescription. This straightforward process enhances your service offering without the complexities of managing sterile compounding operations yourself. However, it’s crucial to stay informed about regulations in your area. Some states may have specific restrictions or guidelines on how pharmacies can engage with 503b products, so ensuring compliance with your state’s regulations is vital before you dive in. EXPLORE CENTRAL FILL OPTIONS If your state has tighter controls, or if you want to expand your offerings further, consider exploring a central fill agreement. This arrangement allows you to collaborate with another pharmacy — such as Southend Pharmacy, which we recommend — to provide your patients with unique compounded products. This system maintains the high standard of care your patients expect while broadening the range of treatments you can offer. We encourage you to book a call with Alfonso at calendly.com/alfonsomarimon. For more information you can go to their website at southendpharmacystore.com. WHY THIS MATTERS By utilizing 503b pharmacies or central fill agreements, you can significantly enhance your pharmacy’s ability to provide cutting-edge treatments. This improves patient satisfaction and outcomes and positions your pharmacy as a forward- thinking staple of the weight loss niche. READY TO GET STARTED? If you’re interested in expanding your pharmacy’s offerings to include injectable GLP-1s or other compounded medications without the need for in-house compounding, don’t hesitate to reach out. Join one of our office hours sessions where we can dive deeper into how you can integrate these solutions into your practice seamlessly. Let’s work together to ensure you have all the information and support you need to make informed decisions and continue providing excellent care.

Not every pharmacy has the facilities to compound medications, but that shouldn’t stop you from providing top-notch care. Fortunately, a few loopholes exist for non- compounding pharmacies to offer injectable GLP-1s and cash in on this high-profit weight loss product. Here’s how your non-compounding pharmacy can still tap into the injectable GLP-1 craze: THE ROLE OF 503B PHARMACIES First things first, let’s demystify what a 503b pharmacy entails. Unlike your typical 503a compounding pharmacy, which dispenses compounds based on individual prescriptions, 503b pharmacies operate under a special Food and Drug Administration (FDA) designation. This allows them to bulk compound medications and provide them not just to individual patients but also to clinics and hospitals for office use or as stock supplies. For non-compounding pharmacies looking to offer sterile products like injectable GLP-1s, partnering with a 503b pharmacy is a viable and efficient solution. These facilities ensure the products meet stringent safety and quality standards, giving you peace of mind and saving the need for in-house sterile compounding capabilities.

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