Page 18 - P4403.59-V45_Numark Magazine November 23.
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Unlocking Savings and
Expanding Choices:
The Benefits of Parallel Imports for
Numark Members
In the ever-evolving landscape of pharmaceuticals and healthcare, pharmacies
and medical practitioners constantly seek ways to provide high-quality products
and services while minimising costs.
One strategy that has gained significant traction within the healthcare industry
is the utilisation of parallel imports (PI). Numark, has been at the forefront of
reaping the benefits of parallel imports, and this article will explore how Numark
members are capitalising on this cost-saving opportunity.
Numark's Parallel Imports Initiative
Numark has harnessed the potential of parallel imports to the benefit of its
members.
Numark has precisely analysed data to pinpoint the most advantageous parallel
import opportunities. One of the primary methods employed for this purpose
involves comparing the prices of parallel-imported products to the standard UK
market prices.
There’s an impressive array of options presented by parallel imports, with
PHOENIX, a significant player in pharmaceutical distribution, offering over 1500
such products. Furthermore, Numark members can realise an average saving
of 8.5% compared to the UK Brand SP1 when opting for parallel imports. This
significant reduction in costs not only benefits the pharmacies themselves but
also extends to consumers, making healthcare more accessible and affordable
for all.
Quality Assurance
It's important to note that parallel imports are not equal with lower quality or
substandard products. The parallel-imported pharmaceuticals available through
Numark are authentic, high-quality medications, ensuring patient safety and
satisfaction. These products have been thoroughly vetted to meet all regulatory
and safety standards, providing peace of mind to both healthcare professionals
and patients.
Competitive Edge
Numark members can gain a competitive edge by embracing parallel imports.
For UK brands that aren't available via PHOENIX, Numark ensures that the
PI price is always cross-checked against the UK market price, guaranteeing
the best possible deal for their members. This level of price competitiveness
empowers independent pharmacies to not only survive but thrive in a
competitive market.
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