Kramer Compounds operates a directory platform that connects retail pharmacies with high-quality compounding pharmacies, facilitating the transfer of compounded prescriptions without patient loss. This system ensures pharmacies receive remuneration for their efforts while providing patients with timely access to customized medications across Canada.
Funding
Funding not disclosed
Founders
Product
Problem
Retail pharmacies often lack the capability or resources to fulfill compounded prescriptions, leading to patient inconvenience and potential loss of revenue for the pharmacy. Transferring prescriptions to compounding pharmacies can be time-consuming and may risk losing the patient to a competitor.
Solution
Kramer Compounds provides a directory platform that connects retail pharmacies with compounding pharmacies capable of fulfilling specialized prescriptions. The platform facilitates the seamless transfer of compounded prescriptions, ensuring patients receive their medications promptly and conveniently. Retail pharmacies receive remuneration for each transferred prescription, compensating them for their time and effort. This system allows retail pharmacies to offer a wider range of medications without the need for in-house compounding facilities, while ensuring patient retention and satisfaction.
Target Audience
The primary users are retail pharmacies in Canada that need to outsource compounded prescriptions to meet patient needs without investing in compounding infrastructure.
Features
- Directory of compounding pharmacies across Canada, searchable by compound type
- Streamlined prescription transfer process
- Remuneration for retail pharmacies for each transferred prescription
- Contractual agreements with compounding pharmacies to prevent patient solicitation
- Free Canada-wide shipping for patients
- Support for a wide range of compounded medications