Once we worked through these roadblocks, what we had was a turnkey system for creating pet medications and compounds to capture part of the $7 billion pet medication market — and not just for North Beaches Compounding Pharmacy, but every independant pharmacy in the country!
We developed three core aspects of LocalPetRx:
Compounding: Vets currently don’t have a lot of options for compounding prescriptions, so they are forced to send their orders to one or two huge out-of-state companies for the medicines they need. LocalPetRX enables local pharmacies to tap into this market and become the local veterinary pharmacy that can compound prescriptions.
At LocalPetRX, we firmly believe that everyone benefits from locally made purchases. With our unique pet compounds, corner pharmacies can gain the trust of local veterinarians and form a partnership that benefits everyone.
Education: We teach local pharmacies not only how to make and create the compounding drugs vets need, but also how to approach, sale to, and onboard the local veterinarians in their community. LocalPetRX is an end-to-end solution.
PK Software: Tying this all together is the workflow software we provide to pharmacies that enables them to get scripts and work easily with local veterinarians. Best of all, most pharmacies already have or are at least familiar with the PK Software system. We aren’t trying to sell a completely new and confusing system — this is something pharmacies are already comfortable with.
(Oh, and if you’re wondering what happened with North Beaches Pharmacy, they are now filling over 8,000 pet prescriptions per year!).