Jan 31, 2018

Letco Med, L.L.C. Announces Partnership with ARL Bio Pharma to Launch Quality Savings Program for Compounding Pharmacists



WAYNE, Pa., Jan. 29, 2018 /PRNewswire/ -- Letco Medical, L.L.C. ("Letco Med"), a leading supplier of quality compounding products, supplies and equipment, together with ARL Bio Pharma ("ARL"), a leader in compounding quality testing services, announce the launch of their joint Quality Savings Program.  This Program, the first of its kind in the compounding market, provides the ability for compounding pharmacies who utilize the combined services of ARL and Letco Med to reduce the cost of laboratory services by as much as 20%.

Letco Med Chief Sales and Marketing Officer, Gregory Lake, said, "Letco Med is excited to bring another innovative new program to the compounding marketplace that continues to enhance customer profitability and that partners with ARL, an industry leader, to provide best-in-class capabilities to our mutual customers." 

ARL Chief Executive Officer, Dr. Thomas C. Kupiec, said, "ARL's partnership with Letco Med is an example of great collaboration resulting in a competitive cost advantage for compounding pharmacies.  We are proud to announce the Quality Savings Program, leveraging cost savings for pharmacies based on Letco Med products and the services of ARL Bio Pharma."

Letco Med's customers may begin saving on laboratory service expenses by spending a minimum of $6,000 with Letco Med over a consecutive six-month period and continuing or beginning to utilize ARL for all their pharmacy testing needs.  Off-invoice credits and rebates will be provided by Letco Med and ARL based on purchase volumes with both companies.  Detailed information about the new Quality Savings Program may be found by visiting www.letcomed.comand/or www.arlok.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.

About ARL Bio Pharma

For 20 years, ARL Bio Pharma, a privately held company in Oklahoma City, OK, has provided analytical and microbiological testing for compounding pharmacies, outsourcing facilities, and health-system pharmacies.  ARL combines exceptional science, customer service, and regulatory expertise to deliver high-quality results and scientific solutions helping pharmacies bring excellence to their patients.  ARL is registered and inspected by the FDA, DEA licensed, and ISO 17025 accredited.  Laboratory services routinely include:sterility, endotoxin, potency, and stability studies.

Market Buzz

Sep 17, 2018 Middlesex Hospital Bolsters Pharmacy Safety and Compliance by Extending Wolters ...
Sep 14, 2018 Synergy Medical once again among Canada's Top 500 Companies
Sep 10, 2018 American Associated Pharmacies Taps FDS to Bring its Members a State-of-the-Art ...
Sep 10, 2018 Rees Scientific achieved ISO/IEC 17025:2017 Accreditation
Sep 06, 2018 Medical Packaging Inc. Named One of The Best Places to Work In New Jersey
Sep 06, 2018 Americorp Financial Launches New Brand, Website for Equipment Financing
Aug 30, 2018 Letco Medical, L.L.C. Announces Exclusive Partnership with Sweetgrass GxP Group,...
Aug 29, 2018 QS/1® Selected as Early Adopter in New CMS SCRIPT Standard
Aug 23, 2018 Innovations to Omnicell Patient Engagement Platform Support Value-Based, Patient...
Aug 14, 2018 ACHC and ExceleraRx Corp. Form Partnership
Aug 13, 2018 RetailSTARx with McKesson’s EnterpriseRx Supports ID Tracking for Controlled S...
Aug 07, 2018 Fagron, Inc. Announces New Hair Care Line - TrichoConcept™
Aug 03, 2018 Letco Medical, L.L.C. Launches Pharmacy Financial Services to Support Compoundin...
Aug 02, 2018 Beaumont Health Selects Omnicell’s Medication Management Platform and Services...
Jul 31, 2018 Lupin launches generic Desoximetasone Topical Spray, 0.25% in the US
Jul 25, 2018 NYU Langone Health Expands Strategic Partnership with Omnicell for Automated Med...
Jul 25, 2018 Prudential Cleanroom Services Hosts Ribbon Cutting Ceremony at Nashua, NH Cleanr...
Jul 18, 2018 Excelera® Specialty Pharmacy Network Announces Access to Breast Cancer Treatmen...
Jul 17, 2018 Multi-Store Independent Pharmacy Streamlines Operations with Epicor Eagle N Seri...
Jul 12, 2018 Acentrus Specialty Partners with CPPA for Specialty Pharmacy Practice Accreditat...
Jul 12, 2018 Letco Medical, L.L.C. Acquired by Current Management Team
Jul 10, 2018 Lorrie A. Carr Appointed as CEO for Excelera
Jul 02, 2018 Medi-Dose, Inc. / EPS, Inc. Announces New Packaging Option for its Steri-Dropper...
Jun 26, 2018 Effective June 26, R.J. Hedges & Associates will be offering their comprehensive...
Jun 25, 2018 Medical Packaging Inc. Named One of The Best Places to Work In New Jersey
Jun 20, 2018 Prudential Overall Supply a Clean Green Certified Company Releases Clean Green V...
Jun 15, 2018 Retail Management Solutions named in the top 250 of the Fifty Five and Five Inbo...
Jun 14, 2018 Tutela Welcomes Fertility Specialists Medical Group (FSMG) and The San Diego Cen...
Jun 11, 2018 SuiteRx Saves the day at APPA's 2nd Annual PharmaCon Expo
Jun 11, 2018 CPS Telepharmacy’s New Innovation Center Built to Meet Growing Technology Dema...

RXinsider Product Overview Videos