The Prescription for Change The need for compound
Post# of 7769
Posted On: 02/11/2015 9:09:05 AM
The Prescription for Change
The need for compounding pharmacy services will continue to be vital to the delivery of quality healthcare and demand is expected to grow.
Industry at a Glance
Compounding Pharmacies in the US are expected to see revenues reach $5.3B and profits exceed an estimated $1.4B in 2014. According to IBISWorld report published earlier this year, industry revenue is forecasted to grow at an annualized rate of 3.5% to $6.2B in 2019.
SCRC is just beginning to take its place in this monstrous $5.3B compounding pharmacy market. Talk about the opportunity and the potential for future growth. With our current annual run rate, SCRC accounts for about 1% of this market. Mr. Schneiderman's decision to enter this market is a stroke of brilliance.
I wouldn't worry about the current PPS. SeeThruEquity sees the protential, Triumph Healthcare Finance sees the potential, Zack's sees the potential, and so do I. I truly believe by December 2015 we will all see this potential demonstrated in a PPS reflective of SCRC true success.
The need for compounding pharmacy services will continue to be vital to the delivery of quality healthcare and demand is expected to grow.
Industry at a Glance
Compounding Pharmacies in the US are expected to see revenues reach $5.3B and profits exceed an estimated $1.4B in 2014. According to IBISWorld report published earlier this year, industry revenue is forecasted to grow at an annualized rate of 3.5% to $6.2B in 2019.
SCRC is just beginning to take its place in this monstrous $5.3B compounding pharmacy market. Talk about the opportunity and the potential for future growth. With our current annual run rate, SCRC accounts for about 1% of this market. Mr. Schneiderman's decision to enter this market is a stroke of brilliance.
I wouldn't worry about the current PPS. SeeThruEquity sees the protential, Triumph Healthcare Finance sees the potential, Zack's sees the potential, and so do I. I truly believe by December 2015 we will all see this potential demonstrated in a PPS reflective of SCRC true success.
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