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Why a one-size-fits-all approach doesn’t work for pet insuranceAccording to the North American Pet Health Insurance Association (NAPHIA), the combined gross premium of the pet health insurance sector in the U.S. and Canada rose 24 percent from $1.15 billion in 2017 to $1.42 billion by the end of 2018.
Walmart launches pet pharmacy, opening more in-store clinics
May 7, 2019Walmart says it is launching its first pet pharmacy and opening more in-store veterinary clinics. “These clinics offer affordable, high quality, and convenient services to save customers as much as 40 to 60 percent on vaccines and minor illness packages and exams,” the company wrote on its website. The news comes at a time when private practices are already competing with online pharmacy retailers that are digging into their revenue. According to Walmart, it …
What does 503B compounding mean for the future of veterinary medicine?
April 3, 2019Modern compounding—often referred to as 503A—is a niche business, providing patient-specific formulations to satisfy individual needs. Because commercially available drugs are marketed almost exclusively for humans, compounding has become an essential resource for veterinary medicine. Veterinarians often depend on 503A pharmacies to provide preparations at lower concentrations and in more palatable dosage forms to optimize treatment for their patients. However, without proper management and regulations, 503A compounding can potentially be detrimental. Presently, 503A pharmacies are …