News
Doing Our Part as Drug Affordability Concerns Continue to Rise
The pharmaceutical industry is facing pressure against rapidly rising drug costs, and many customers are seeing these costs passed on to them. Drug prices are rising for several reasons, such as supply chain constraints and higher manufacturing costs.
WPRX’s Top-Performing Products of 2022
Westminster Pharmaceuticals prides itself on offering an expansive portfolio of highly effective and safe generic drugs. Certain products see consistently high order numbers, signaling the importance of keeping these medications in stock so patients can access the medicines they need when they need them. Learn more about our lineup of top-performing generics of 2022 that are essential to keep in stock in 2023 and beyond.
The Advantages of a Smaller, Personalized Supplier of Generic Pharmaceuticals
As a pharmaceutical distributor, wholesaler, or pharmacy, you have many options when selecting a supplier. There’s a commonly accepted sentiment that working with a larger vendor is a smarter, safer, choice, but that sentiment fails to recognize many of the realities of working with a larger vendor vs. a smaller, more personalized supplier.
Helpful Medications for Cold and Cough Season
While there is, unfortunately, no cure for the common cold or flu, medications can ease symptoms while it runs its course. To counter unpleasant symptoms like cough, congestion, and runny nose, many turn to these medications for relief.
Navigating the many options can feel overwhelming, especially when you’re not feeling your best. To gain an idea of what to look for in your local pharmacy, here are generic liquid and tablet medications that may be able to abate unwanted symptoms and help you feel better this cold and cough season.
When Inflation Impacts Drug Costs: The Westminster Pharmaceuticals Approach
Inflation is impacting every corner of American life, and no industry is impervious to it – including the pharmaceutical industry. As a result, pharmaceutical companies are facing pressure from consumers and regulators alike to drive down drug pricing to ensure medications are available and accessible to those who need it.
With our consumers as our top priority, Westminster Pharmaceuticals is taking steps to help assure affordable drug pricing and combat the forces driving prices. By ramping up the production of low-cost generics, absorbing profit margin loss, and offering our partners the most competitive rates possible, we hope to pass on savings to consumers so everyone can afford the drugs they need.
Westminster Launches Online Searchable Product Catalog
Reviewing Westminster Pharmaceuticals products has gotten easier with the launch of our new searchable product catalog online. As we are constantly adding products to our portfolio, the new, user-friendly catalog is the best way to keep up with Westminster product launches and ensure inventory.
Westminster Pharmaceuticals Announces USF Pharmacy Scholarship
Tampa, FL –– Westminster Pharmaceuticals recently announced the establishment of the Westminster Pharmaceuticals Scholarship in the USF Taneja College of Pharmacy, a new financial aid opportunity to equip pharmacy students with the resources necessary to turn their education into a rewarding, successful career.
Westminster Pharmaceuticals’ CEO Louis Sanchez Nominated for EY Entrepreneur of the Year 2022
Westminster Pharmaceuticals’ CEO Louis Sanchez was recently nominated for the EY Entrepreneur of the Year 2022 Awards, a prestigious global business awards program that celebrates ambitious entrepreneurs building a more sustainable, equitable, and prosperous world.
The EY Entrepreneur of the Year program, founded and produced by Ernst & Young Global Limited and presented by PNC, welcomes nominations from around the world and bestows this esteemed recognition upon around 400 visionary business leaders of high-growth companies annually.
Making the Westminster Difference: The Importance of Relationships ft. Brian Spoto, Senior VP of Sales
At the core of the pharmaceutical industry are relationships. Without these sales relationships between manufacturers, distributors, wholesalers, and retailers, the 131 million+ people in the United States that take prescription medications would be left without the pharmaceuticals they rely on to stay healthy, recover, or live symptom-free.
At Westminster Pharmaceuticals, we take pride in our superior sales relationships led by Brian Spoto, our Senior Vice President of Sales.
Surviving and Thriving Through COVID-19
COVID-19 has applied a unique and consistent pressure on businesses over the past two years. During these unprecedented times, it’s been critical for businesses to respond to the rapid challenges with appropriate, actionable steps to succeed despite the uncertainty.
Here are the top five ways Westminster Pharmaceuticals has managed to survive and thrive through COVID-19.
WPRX Year in Review: A Look Back at 2021
As we approach a new year, I wanted to take a moment to share some pride in the accomplishments, team, relationships, and partnerships we’ve developed at Westminster Pharmaceuticals in 2021 to serve our amazing customers. It’s with this foundation that we set out to continue serving and improving our relationships with our pharmacy, manufacturing, distribution, and wholesale partners next year and in the years to come. Having said that, here are some of our biggest highlights of a great 2021
WPRX’s Contract Compliance and Why It Makes a Difference
While pharmacovigilance in a pharmaceutical company aims to ensure medicines are both safe and effective, contract compliance ensures that documentation, including contracts and serialization, reflect proper pricing, terms, regulations, and agreements.
At Westminster Pharmaceuticals, our superior contract compliance maintains our organizational integrity as well as the integrity of our products and all partner relationships and is a cornerstone of our company values that ensures safe and accessible medications.
How People are Staying Healthy With Dietary Supplements
Dietary supplements can be beneficial for some people, such as pregnant women, vegetarians, or those with specific food allergies, whose diet may restrict the regular intake of some nutrients or who may need higher nutrient levels.
They can be an effective way to stay healthy, and due to their growing popularity, it’s imperative pharmacies keep robust inventory levels available for consumers.
Westminster Pharmaceuticals is Honored with University of South Florida Fast 56 Class of 2021 Recognition
Westminster Pharmaceuticals was recently honored by being selected as a member of the University of South Florida’s Fast 56 Class of 2021, an annual recognition by the USF Alumni Association given to the world’s fastest-growing companies owned or led by USF alumni.
A Look Into Westminster Pharmaceuticals’ Superior Pharmacovigilance
Pharmacovigilance is one of the most fundamental functions of pharmaceutical production, and at Westminster Pharmaceuticals, we pride ourselves on our superior pharmacovigilance focused on the customer experience.
Manufacturing Generic Drugs in the US: What You Need to Know
Here’s what you need to know about the manufacturing and approval process for generic drugs in the United States.
Understanding the Pharmaceutical Supply Chain
The pharmaceutical supply chain is the system consumers rely on to receive their prescription and over-the-counter medications. To patients, it might seem as simple as having the doctor call in a prescription at the pharmacy and picking it up, but those pharmaceuticals must travel a long way through a complex system to get to their final destination.
Our Team is Growing: Announcing New Titles and Team Members
Westminster Pharmaceuticals is pleased to announce the growth of our team through several new hires and internal promotions. As our work providing high-quality generic drugs across North America continues to expand, we have been listening closely to the needs of our partners to find innovative ways to better serve the pharmacies, manufacturers, wholesalers, and distributors we work with.
Westminster Pharmaceuticals Partners With R&S Solutions to Streamline Logistics
Westminster Pharmaceuticals has partnered with R&S Solutions as their preferred third-party logistics (3PL) provider to better serve pharmacies, hospitals, and patients nationwide. Westminster selected R&S Solutions to handle the fulfillment and distribution of all Westminster Pharmaceuticals products going forward due to their long-standing record as a leader in the pharmaceutical and related healthcare industry.
Westminster Pharmaceuticals Partners with OEP Pharma to Bring Single-Source Generic Miglitol to the Marketplace
Westminster Pharmaceuticals has partnered with OEP Pharma to distribute the single-source generic drug miglitol. OEP Pharma, the U.S. subsidiary of OEP Group, holds the only currently approved ANDA to miglitol. It selected Westminster, a rapidly growing private label distributor, from among several companies to enhance patient access to the anti-diabetic medication.