The business of managing specialty pharmacy is complex --- and getting more complicated by the day.
Specialty wholesalers and distributors understand this business and know how hard specialty pharmacies work to service both patients and physicians.
Specialty pharmacies also depend on specialty wholesalers and distributors to obtain the hundreds of injectable, infusible, and other forms of high-cost biotherapies to meet their patients’ needs as well as DME, supplies, and other non-prescription products. Same day/ Next day delivery is often a key requirement based on the unpredictability of prescriber demand. Pharmacies that specialize in select chronic disease states represent especially large quantity purchasing opportunities.
Benefits of Specialty Pharmacy Relationships
Wholesalers and specialty distributors can benefit from closer relationships with specialty pharmacies. For example, specialty pharmacies cultivate close referral relationships with leading specialists and clinics. These key relationships are the same ones that wholesalers and specialty distributors zealously seek to nurture for their direct account business. A holistic approach to the marketplace by working in concert with specialty pharmacies can reap significant tangible returns.
Manufacturers are now presenting a new set of challenges in the specialty pharmacy segment with some products being offered only via limited distribution. Wholesalers and specialty distributors that have well established ties with specialty pharmacies present manufacturers with a comprehensive product management solution – from manufacturer, through wholesaler, through specialty pharmacy, to the patient. Such a seamless solution offers manufacturers an ability to manage a product line within tight guidelines and standards and capture information that can be highly beneficial and valuable.
Armada member pharmacies are prepared to work collaboratively with wholesalers and specialty distributors on any manufacturer initiative. Through the Armada Specialty Pharmacy Network – ASPN – wholesalers and specialty distributors can seamlessly access specialty pharmacies across the US, including some expert pharmacies that specialize in select disease states.
Because ASPN pharmacies are already aligned with a wholesaler, these existing relationships can be quickly leveraged to create innovative and mutually profitable opportunities for all stakeholders.
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