Letco Medical, L.L.C, 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 BioPharma."
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.
Letco med, arl bio pharma partner, quality savings program, compounding pharmacists
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