With reimbursement pressures reducing margins on prescriptions and increasing competition, independent pharmacies must increase their value in patient care and find ways to deliver products and solutions.
Amazon’s private-label strategy and the decision last year to launch an exclusive line of over-the-counter health products threaten to cannibalize sales from drug and pharmacy retailers both online and in store.
Drug Store News spoke with Thomas Kurnava, executive vice president of national accounts at Australian Gold, who is confident that the future will be very good for the company.