Launch of Dermatology GPO DermSource a Success

Looking for Strength in Numbers


On Cyber Monday, DermSource launched as “the” quintessential purchasing platform for dermatology products attracting independent pharmacies nationwide. Products are discounted at rates 30%-60% cheaper than the average GPO (group purchasing organization), with DermSource limiting their profitability to only 3% above the acquisition price.

Independent pharmacies find it difficult to compete against the big guys who have combined resources and frankly, have cornered the market on certain drugs. Members of DermSource are independent pharmacies that understand the super power of combined forces in purchasing for improved profitability and value-added service to its customers. 

On opening day at DermSource Yuriy Davydov, the Founder and CEO, received inquiries from pharmacies who were clearly inspired and grateful for the new platform. In reaction to all the calls he received he shared, “I’ve been in this industry for 10 years and one thing I’ve noticed is pharmacies don’t talk to each other. The feedback I have received is a sign of change. We must begin supporting each other and nurturing the group power of DermSource so we can level the playing field for the independent pharmacy to grow and prosper. Full transparency, fair prices and fair play will go a long way.” One pharmacist and owner, Greg Savino of Baybridge Pharmacy in New York, said, “I signed up early and started purchasing the first day. This is a no-brainer. I’ve reached out to some of my biggest competitors in the field, and I’m trying to get them on board. The more we purchase the better the deal.”

Pharmacies in all 50 states are invited to sign up for a FREE membership and join forces for Super Purchasing Power! Go to  DermSource has been traveling to regional association events to meet and talk to independent pharmacies. The next stop is the PSSNY Mid-Winter Meeting, January 25, 2019, at the Albany Hilton, Albany, New York.

About DermSource
Full transparency and truth in pricing are the core values of DermSource, the dermatology GPO serving pharmacies across the nation with a purchasing platform for discounted dermatology products. Working with accredited wholesalers and distributors, DermSource negotiates on behalf of the pharmacy for competitive prices and availability of sought-after dermatology products. With the guarantee of a fair and transparent deal, DermSource retains a profit margin of no more than 3%. As a progressive organization DermSource is armed with a mission to help improve the healthcare industry and recognizes that helping independent pharmacies, helps the consumer receive treatment, delivering improved healthcare outcomes. Membership is free to pharmacies in all 50 states. Visit #TruthinPricing

Bahrum Siddiqui, (833) GPO-DERM, (833) 476-3376

Source: DermSource


Categories: Pharmaceuticals and Biotech, Dermatology/Skin Diseases

Tags: acne, Dermatology, Discount Drugs, medicine, Pharmaceuticals, pharmacist, pharmacy, prescription, psoriasis, skin cancer

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About DermSource

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DermSource, the dermatology GPO, serves independent pharmacies across the nation with a purchasing platform for discounted dermatology products. Negotiating on behalf of the pharmacy, DermSource provides a fair and transparent deal. #TruthinPricing

50 Glen Street, Suite 327 (Suite 327)
Glen Cove, NY 11542
United States