Compounding Pharmacy - Essay Example

Compounding Pharmacy There are many different factors in why it is important and useful to have an Independent Community Pharmacy Ownership, especially given the rising prices if medicine, and as well as the opportunity created by the ongoing privatization of the health care system, in the United States. But the primary consideration here is the love of the profession; love being a pharmacist and many career opportunities with this profession will arise (Walkup n. p.). Given the pros and cons of setting up your own pharmacy, what is important for pharmacists to know compounding pharmacy?

In order to answer this question, it is important first do define compounding pharmacy. Compounding pharmacy, as defined by the NABP, is actually “…the preparation, mixing, assembling, packaging, or Labeling of a Drug or Device (i) as the result of a Practitioner’s Prescription Drug Order or initiative based on the Practitioner/patient/Pharmacist relationship in the course of professional practice, or (ii) for the purpose of, or as an incident to, research, teaching, or chemical analysis and not for sale or Dispensing.

” (Walkup n. p.) In this case, it is important to note that in compounding pharmacy, ensuring quality must always be top priority (Walkup n. p.). Ensuring quality, which includes obtaining Certificates of Good Manufacturing Practices and Certificate of Analysis (in which a third party testing is used to extend BUD beyond USP standards) will ensure that one can do almost anything, even tailor-made for the patient, ensuring trust with consumers and profitability. Works Cited Walkup, Kenny. An Introduction to Independent Community Pharmacy Ownership.

Specialty Medicine Compounding Pharmacy, n. d. PowerPoint file.