May 2020 - Newsletter #9
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Prescription Drug Shortages & Wholesaler Rationing
"Two months after the COVID-19 pandemic began, pharmacists across Canada say they continue to face challenges in obtaining certain medications their patients need." That's according to a new Canadian pharmacist survey highlighted by Canada's CTV News.
NorthWestPharmacy.com has advised customers in several past newsletters that there are disruptions in the worldwide pharmaceutical supply chain which are creating a growing list of stock outages and making other items more challenging to source. We've also explained why the risk of further drug shortages is currently heightened.
… the majority of pharmacists surveyed said they "received reduced quantities of medication supplies on most or all orders … while 46 per cent of pharmacists did not receive any stock of certain medications."
The CTV News report further validates our concerns. It references the pharmaceutical manufacturing disruptions in China and India that appear to be impacting pharmaceutical inventories, even in the United States - a fact discussed at length in a recent CNN article we published a newsletter about. It also mentions that wholesalers are rationing deliveries to pharmacies such that the majority of pharmacists surveyed said they "received reduced quantities of medication supplies on most or all orders placed during [the first week of May], while 46 per cent of pharmacists did not receive any stock of certain medications." NorthWestPharmacy.com began informing customers about wholesaler rationing in its newsletter back in March, when it first began.
… we have been able to procure various hard to source products our customers have needed throughout the coronavirus crisis when others could not.
One of our strengths is that we source pharmaceuticals through our network of licensed, vetted and trusted suppliers in multiple locations across the globe. This has meant that we have been able to procure various hard to source products our customers have needed throughout the coronavirus crisis when others could not. If one region had a short, we turned to other regions and secured supply despite the often higher costs, which we have absorbed the vast majority of.
That's one of the reasons that NorthWestPharmacy.com has been successfully taking, processing and delivering affordable prescription drugs throughout the entire coronavirus crisis and continues to do so. Despite successfully addressing many of the challenges in drug supply and delivery logistics to date, we acknowledge that there have been setbacks and a growing list of products are not possible to procure at all at this time. We do not wish to appear alarmist in highlighting concerns about the supply of prescription drugs in the coming months but we do directly experience the frustration of those who cannot get their vital prescription drugs when there are so many disruptions in the drug supply chain due to the coronavirus crisis. We do not want our customers to be in a position where procurement of inventory and delivery logistics could be more negatively impacted than they already are today and we believe it is our duty to diligently advise customers.
That's why we encourage customers who may need medications in the coming months to place their orders now and those whose pending orders await shipping to keep their orders active and in the queue, which ensures they are locked in at the original price quoted at the time of placing the order. That's beneficial to you because we've absorbed most of the coronavirus-related increases in product acquisition costs that we've faced to date but may be unable to do so for much longer. Also, the limited pharmaceutical supply, available cargo space for transport and customs clearances will all be allocated to customers on a first-come-first-served basis and it may be quite some time before worldwide drug supply and delivery systems return to normal.
NorthWestPharmacy.com is one of the largest and most established online pharmacies providing lower cost medications from abroad to customers worldwide. No competitor offering lower cost pharmaceuticals from abroad can match our supply and delivery capacity during this difficult time so please rest assured we are successfully leveraging all our capacity to ensure orders reach customers as fast as possible in the circumstances.
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