Letco Medical, L.L.C., a leading supplier of top quality compounding products, supplies, and equipment, has launched a comprehensive rebranding program focused on helping to enhance the profitability of compounding pharmacies. Letco Med's rebranding, which includes the tagline "Let Us Help," directly addresses market dynamics and regulatory pressures that have been squeezing compounding pharmacy profitability in all market channels, including 503A, 503B, Veterinary, and Institutions.
Letco Med conducted extensive customer and market research to identify new innovative solutions that help compounding pharmacies address their profitability challenges. Examples of these solutions, which have been deployed or will be in the next 30 days, include ValueVue™, a proprietary analytic process that allows pharmacies to assess purchasing effectiveness, as well as two new and innovative industry-leading partnership programs that reduce costs for training and laboratory services. Letco Med also continues to offer Professional Services support to customers at no charge. Throughout 2018, Letco Med will continue to launch new customer-centric solutions that positively impact compounding pharmacy profitability.
Chief Executive Officer Douglas E. Bowman said, "Letco Med is extremely excited to relaunch our brand to more closely align and partner with our customers, and to show them how we can help them focus on compounding as a profit center. The singular goal of our rebranding efforts is to enhance customer profitability with new and innovative solutions coupled with very competitive market pricing on our products. We know customers will appreciate our new investments and commitment to helping them focus on what's really important to them, their business and their patients."
Detailed information about Letco Med, its rebranding program, and the value they provide to compounding pharmacies may be found by visiting www.letcomed.com.
About Letco Medical, L.L.C.
Letco Medical, L.L.C. ("Letco Med"), a privately held company headquartered in Wayne, PA, is the supply partner of choice for profit-conscious compounding pharmacies everywhere. Letco Med has invested heavily in building a company that can serve the needs of compounding pharmacists today, tomorrow and into the future, with a full line of products and complementary programs and services. With a dedicated focus on the U.S. compounding market, Letco Med provides a wide and comprehensive portfolio of safe and consistent top-quality chemicals, compounding supplies and equipment at highly competitive prices. Letco Med's product line includes chemicals covering a broad range of therapeutic categories, as well as supplies, equipment, capsules, pre-made topical bases and oral delivery vehicles. In addition, Letco Med carries a deep assortment of dosage forms and delivery systems.
Since its inception in 1993, Letco Med has earned and built a reputation as one of the most innovative companies in the compounding industry. Letco Med is focused on unwavering quality, exemplified by the company's industry-leading quality assurance programs, stringent quality control procedures and an unblemished record with the FDA.
