Homepage / Technology / UPS makes curious move involving prescription drug business with new license
Сертифицированный сайт kazino Драгон мани — тематические симуляторы, фриспины и моментальные платежные операции Azərbaycanın Bir Nömrəli Onlayn Kazino Məlumat Mərkəzi 2024 Mostbet Register Регистрация И Вход а Систему В Mostbet Onlin Pin Upwards Casino Türkiye Giriş Yapın Ve 0 Bonus Kazanı “Bonus 125% + Two Hundred Fifity F 2024 Ücretsiz Demo Oyna & Slot Bonus Mostbet Türkiye Çevrimiçi Kumarhane Mostbet Casin Glory Casino Pra Çekme İşlemi: Nasıl Yapılır? Detaylı Anlat 1win Casino Resmi Site, Bahis Ofisi, Slotlar, Oyun Makineler Игры В Онлайн Казино Бесплатно и Без Регистраци Игры В Онлайн Казино Бесплатно и Без Регистраци 1xbet Обзор 2024 ️ Отзывы Игроков И Рейтинг Эксперто Online Casino Games Play Now And Win Bi Glory On Line Casino Android Ve Ios Cihazlar Için Mobil Uygulamayı Ücretsiz Indiri Türkiyede Fame Casino Giriş Çevrimiçi Slot Ve Diğer Oyunları Oynay Mostbet İncelemesi 2024 » Spor Bahisleri, Giriş & Oyunla Başkanın ilk icraatı işçi kıyımı olmuştur! 719 7slots kumarhane 90 Business Online Solutions What Is a Board Analysis? The Importance of Planning and Programs Development How Board Governance Software Improves Meetings and Governance How to Craft a Successful Board Meeting Reminder Benefits of a Virtual Data Room for Bankruptcy VDR Example for Business Hong Kong ユースカジノの登録方法を初心者にも分かりやすく図解入りで解説 チェリカジ 5 Как быстро пополнить счет в Казино Х в любой валюте Официальный сайт Up X казино и мгновенные игры Paşa Casino Mobil Uygulama 2025 Giriş Üyelik Bonusu Freespin No Deposit Bonus Casino Free Spins In New Zealand What Are The Best Online Casinos For Real Money Pokies And Bonuses In Australia Дэдди Казино официальный сайт Джойказино: информация про официальный сайт Glory Casino giriş için buraya tıkla ve Türkiyede en popüler casino kullanıcısı ol Les Gambling establishments en Ligne en France 2024 200% Reward + 300 Free Rotates LevelUp Internet casino Melbourne En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi Le meilleur casino en ligne franзais Extra Casino avec le dйpфt minimal le in addition bas Yeni Casino Siteleri ᐈ Çevrimiçi Kumarhaneler Mart 2024 Les gambling establishments en ligne proposent une grande variйtй de jeux de internet casino gratuits. Türkiye’deki Resmi Web Sitesi Google Play, Türkiye’de kumar oyunlarına izin verecek Her Gün Tatil Olsa ORDU’DA PAZARTESİ GÜNÜ FINDIK FİYATI NASIL? كازينو اون لاين الكازينوهات الممتازة على الإنترنت ألعاب الكازينو المباشرة مينا كازينو العر Google Play, Türkiye’de kumar oyunlarına izin verecek Domain Sorgulama & Domain Fýrsatlarý Canlı Casino Siteleri: 2024 Güvenilir Siteler Seçilmiştir Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın 1xbet Türkiye Giriş Empieza Kayıt 202 Kumar Ve Kumarhaneler Hakkında Pek İlginç 21 Bilgi Kumarhane Doğru Yazımı Nedir? Tdk Ile Kumarhane Kelimesinin Doğru Yazılışı! Mobilbahiste En İyi Kumar Bonusları Ve Kazançlar Mobilbahis Giriş Sayfası On Line Casino Siteleri En Iyi Casino Siteleri 2024 Mostbet: Türkiye’de Internet Casino Mostbet Online Slotlar Ve Canlı-casin Pin Up Casino Oyna Türkiye, Pinup’un Sah Web Sites Ifade Haberleri Son Dakika Ifade Hakkında Güncel Haber Ve Bilgiler “önceliğimiz Transferin Önünü Açmak, Görüştüğümüz Yerler Var” On Line Casino Nuh’un Gemisi Deluxe Resort & Spa, Kıbrıs The Benefits of Document Management Bonus Veren Siteler 3 000 Den Fazla Online Oyunu Ücretsiz Oyna En Tehlikeli Kumar Oyunu Ekşi Sözlük Deneme Bonusu Veren Siteler Deneme Bonusu 2024 Explore the Magic of WildCardCity Güvenilir Bahis Siteleri En İyi Kumar Siteleri Balıkesir Triatlonuna Avrupadan Ödül Tricks of the Aviator gambling establishment game by Spribe Çevrim Içi Kumar Siteleri “bonus” Yalanıyla Kandırıyor En Güvenilir Canlı On Line Casino Siteleri Xbetting-tips Com Uncovering the Abundant Tapestry of Ozwin Gambling establishment Evaluating Board Portal Providers Uncovering the Wealthy Tapestry of Ozwin On line casino Electronic Data Area Providers Evaluation Cobra Internet casino: Raising the Australian On the internet Video gaming Practical experience 4 Things to Search for in Safeguarded Cloud Safe-keeping Fastpay On line casino Australia – Simple and No-Taxation Wagering Web page officielle franзaise de Joka Gambling establishment The Software Development Universe Game Woo Internet casino – Enjoy Slot machine games around australia Ostdeutsche Biersorten What Are Virtual Data Rooms? Vitamin D Receptor Polymorphisms Revue du Casino BlackLabel Faktory, kterй ovlivnujн hodnocenн ceskэch online kasin How to Make the Most of Your Web Development Organization and Advertising Efforts L’essor des casinos en ligne en France Boost Meeting Efficiency With Boardroom Technology Developments WildJoker Casino WildCardCity On line casino – Guaranteed Australian Gambling Portal New Post WildCardCity Casino – The Ideal On the internet Gambling establishment within australia Modern Technologies Produce Sharing Documents Online Faster and More Protect Free Virtual Info Room pertaining to Speedy Due Diligence A Review of Data Area Software For people who do buiness Five Board Bedroom Features Which will help You Acquire a More Productive Boardroom Electronic Systems To your Business

Technology

UPS makes curious move involving prescription drug business with new license

United Parcel Service has acquired a manufacturing pharmacy license from Georgia’s Board of Pharmacy, enabling the company to not only ship pharmaceuticals, but to relabel them.

While UPS has for years acted as a carrier for drug companies like Merck — which has a facility based in Georgia — the new license would effectively give the shipping company more flexibility in handling the product.

A UPS spokesperson confirmed the new license was obtained, but maintained that this was part of standard operating procedure in order to remain compliant with federal law. The new license could also be required if UPS wanted to add an insert to a shipping package, the spokesperson said.

“UPS recently obtained both an FDA registration for Relabel activities and a license issued by the Georgia State Board of Pharmacy in order to provide services related to new and potential business engagements at the Duluth facility in Georgia,” he said.

Source: UPS

“If you’re Merck and you’ve got all this product, you need someone to kind of manage that,” said Stephen Buck, a drug supply chain expert and co-founder of Courage Health. Drugmakers may be contacting the shipper and “saying ‘we do production, but we don’t want to have to worry about supply chain management.'”

This move comes as the shipper faces pressure in its main business from Amazon, a partner but also a potential competitor as the e-commerce giant experiments with delivering its own products.

A tighter relationship with drug manufacturers would be a way for UPS to potentially protect itself from Amazon making a move in a similar direction. Analysts are wondering what exactly Amazon is up to in the pharmaceuticals space.

Amazon recently made headlines after it had appeared to acquire a series of wholesaler licenses. Those licenses, though, are not a clear sign that CEO Jeff Bezos is trying to disrupt the pharmaceuticals shipping and distribution business. The licenses Amazon applied for cover the distribution of medical-surgical equipment and other related devices. Much confusion stems from the fact that many states tend to lump types of distributors together.

However, CNBC reported earlier this year that Amazon has held at least one meeting to weigh entering the space. UPS could also potentially benefit from a move by Amazon if it’s chosen to ship the drugs.

Back in 2009, UPS notched a similar agreement with Merck, which had once handled its own distribution, but outsourced the management of its supply chain to UPS in an effort to cut costs and concentrate staff on research. That license expired in 2015.

UPS declined to say if it was already working with any drug companies like a Merck for its new business. Merck did not return a call for comment.

“As a repackager, [UPS is] not just taking the product as it is from the manufacturer. It’s being able to the product and individualize it and split it up into different units,” said Nicodemo Fiorentino, a drug supply chain and compliance attorney, about the new UPS license. “Becoming an FDA-registered relabeler means UPS now has the ability to take products from a manufacturer, relabel them, and sell under their own label or brand. Because of FDA requirements, we will soon know what UPS will relabel, as each FDA registrant must list each drug that it manufactures, repacks, relabels, or salvages for commercial distribution.”

The shipper was not looking to claim a function already done by drug distributors like McKesson.

“I don’t think there will be any impact on traditional distributors. They’ve been in this industry for years,” said Courage Health’s Buck. “This is an extension of licensing, maybe deepening their relationship with the manufacturer and keeping in compliance.”

With the license, UPS is trying to provide a service for a new client and future ones, the spokesperson said.

Source: Tech CNBC
UPS makes curious move involving prescription drug business with new license

Comments are closed.