Category Archives: pharmaceutical wholesale

prescription pill bottle

Are Generic Medications Just as Good as Brand Name?

In the ever-expanding world of medications and their subsequent brands, consumers are often at odds with whether to pay extra for brand name medications or to go generic. Many people swear up and down that generic is just as good as brand name, but if that’s true, why do people continue to buy brand name drugs. Is it advertising, or is there truly a benefit to the brand?

Brand Name vs Generic Medications

But are they worth it?

Most consumers would tell you no, but many consumers also abide by the mentality that branded medications are somehow more reputable or worthwhile/potent. However, once you understand how the basic lifecycle of medication research and development works, you will see why:

  1. These medications are so expensive
  2. Generic is cheaper

Developing a new medication is an expensive proposition for any company. A lot goes into not only researching a drug and arriving at the intended effects, but it must be as safe as possible to not only receive FDA approval but gain public traction. We’ve all seen television commercials for medications with an almost comedically long list of side effects, many of these medications do not survive the market for long and their makers go bankrupt.

Because creating these drugs are so expensive, manufacturers patent the drugs they create and can sell them exclusively for a period of time. It is in this period of time they hope to recoup much of the costs of developing the drugs in the first place. The current length of time for a newly patented drug is 20 years.

This is predominantly why the cost of the medication is significantly higher. When the patent expires, generic versions of the drugs are allowed to be marketed and sold.

These generic versions are—as many of you may have guessed, just as potent as their brand name counterparts. The only exception to this are some medications that are highly dose-dependent such as thyroid medication (levothyroxine), where it has been shown that brand name varieties (Synthroid) are better at maintaining a euthyroid state. This is because even slight mcg differences in doses can have noticeable effects on patients as our bodies are very sensitive to thyroid hormones. However, it is also important to note that many people use generic levothyroxine to sufficient effect.

For the vast majority of medications, they are in practice, the same.

A-S Meds On Site Dispensing Solutions

Part of our services is providing the necessary logistics expertise to repackage pharmaceuticals and deliver them on time to businesses. Our web-based dispensing system lies at the heart of this timely delivery—which is crucial in getting medications to customers on time.

If you read our blog about repackaging, you’ll know that the incredibly large pharmaceuticals industry relies on having pharmaceutical repackagers such as AS Meds to function appropriately. The United States is a fairly large country with a high demand for various drugs, getting these medications to their respective locations requires many companies offering supply chain support.

In the case of AS Meds, we proudly provide and repackage many generic medicines because they are extremely cost-effective and just as potent as their brand name counterparts. We are happy to be a part of many companies achieving a better generic utilization rate for their patients.

In an age of ballooning healthcare and prescription medication costs, this allows us to provide pharmacies and other medical businesses that dispense medication to do so at an affordable rate to their patients while also expanding their profit margins.

For more information on our medication dispensing solutions, contact us today!

box diagram of PHARMACEUTICAL WHOLESALER

3 Things a Quality Pharmaceutical Wholesaler Can Do

Pharmaceutical wholesalers and redistributors play an important role when it comes to delivering medications and packaging them for efficiency and speed. Even if you’ve done orders for a pharmacy or your local pharmaceutical establishment, you may not be entirely sure how the chain operates. That’s okay! The pharmaceutical distribution and supply chain is a behemoth of logistics. Here are 3 things a quality pharmaceutical wholesaler will provide your clinic or pharmaceutical business.

Pharmaceutical Wholesaler

Pharmaceutical Wholesaler

A Highly Efficient Supply Chain

If there were no wholesalers or redistributors, it would cost the US Healthcare system approximately $33-$53 billion each year. A huge reason for this is because the entire redistribution and wholesale industry has grown without the support or intervention of US Healthcare system. Meaning that all of the subsequent technologies surrounding highly advanced and complex logistics solutions was something they did not have to foot the bill for, it was merely the cost to stay competitive for wholesalers and redistributors.

The end result of that competition is a highly efficient and advanced supply chain which products move quickly through.

Helps Prevent Counterfeits From Reaching Shelves

A properly licensed wholesaler and repackager will have good standing with the FDA. For instance, A-S Medication Solutions is a verified accredited wholesaler distributor (VAWD), therefore the facilities under our management have the proper licenses that guarantee that we employ the proper protocols for handling and security. This ensures our clients get their orders in a way that is timely but more importantly safe.

Due to the nature of primary wholesalers and secondary wholesalers in the supply chain, it becomes much more riskier when there are drug shortages and secondary wholesalers tap into what’s known as the “gray market” to buy drugs for cheaper—often from other countries and take advantage of profit margins from obtaining them and reselling back in the US. We work with trusted vendors in the industry which is why many of our clients feel comfortable ordering from us.

Good Wholesalers Are Flexible

A good wholesaler can help places such as pharmacies receive their orders not only in a timely fashion but also receive medications with proper packaging and convenient, ready to use containers can save pharmacy technicians and pharmacists a great deal of time filling prescriptions.

This extra time and labor leads to savings which can give pharmacies a lot more flexibility in putting that revenue where it can help the business and customers best.

Another situation that is not thought of by those who aren’t in the industry is that during emergencies and disasters some medication shipments take a greater priority than others. Those who are suffering from illnesses or conditions that require daily medication to keep severe consequences at bay must not be let down during emergency situations.

Best Drug Wholesaler

A-S Meds is a national pharmaceutical wholesaler and redistributor with a proven track record. We are a verified accredited wholesaler distributor (VAWD). We are in good standing with the Food and Drug Administration in regards to our operations as well as our contributions to helping keep counterfeit drugs out of the supply chain to protect consumers.

Contact us today if you have any questions about our operations or ordering process.