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How Branded OTC Products Can Help Struggling Community Pharmacies

Branded over-the-counter (OTC) products could play a vital role in promoting self-care and supporting the sustainability of community pharmacies, said Michelle Riddalls, CEO of PAGB – the consumer healthcare association – during the recent Pharmacy Business Conference.

Read the full article on the Pharmacy Business website

NAM Implications:
  • Given the high incidence of self-treatable conditions.
  • Added to which has to be the continuing ‘anxiety-stress’ of current uncertainties.
  • And a population where 61 million people turn to OTC products to treat those illnesses.
  • Branded OTC products offer an opportunity unique to community pharmacies.
  • In other words, community pharmacies can rely on the expertise of established OTC brands to help them grow their customers’ baskets…
  • …which, given the higher margins…
  • …can increase profitability and reduce losses.
  • A ‘no-brainer’…