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Tuesday, August 27, 2013
The Medicine Store closes up shop---It had already stopped compounding injectables and sterile eye drops-- Will More Compounding Pharmacies Start to Close their Doors With Increased Regulations?
By ROBERT GOLD
rgold@capecodonline.com
August 27, 2013
HYANNIS — Richard "Rick" Gregg celebrated his pharmacy's 30th year in business last Thursday. On Monday, he closed up shop for good.
The Medicine Store, located on West Main Street, closed on Monday. Starting today, customers calling the shop are redirected to the nearby West Main Street Rite Aid, which bought the independent pharmacy.
Gregg, a pharmacist for 40 years, has retired. One of his pharmacists and two technicians will likely be working at the Rite Aid, he said. Three part-time pharmacists will focus on their full-time jobs elsewhere, he said.
Customers can get their prescriptions at the nearby Rite Aid store, Gregg said.
The pharmacist started alerting customers last week about the impending closure.
"It's my time," Gregg said about retiring.
Gregg bought the Medicine Shoppe on Seaboard Lane in 1983 as a franchise. He moved to the current spot on West Main Street in 1992. When his contract as a franchise business ran out 10 years ago, he renamed it the Medicine Store.
The shop's pharmacists would compound drugs for patients on an individual basis. It stopped compounding injectables and sterile eye drops last fall after the state enforced new guidelines for the industry. The increased oversight came after New England Compounding Center in Framingham made medicines linked to the 2012 fatal outbreak of fungal meningitis.
The Medicine Store continued to compound non-sterile products like hormone creams and pediatric products, Gregg said. Many pharmacies in the state take orders online for these compounds.
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Find Out the Safety of Compounded Drugs Before You Use Them--great tips in this blog post about questions to ask and things to look for
Are compounded medications safe? Well, it depends. It depends on which pharmacy you choose. It depends on the collaboration between you, your physician and your pharmacist. It also depends on your health condition and how you react to certain components in the medications. This is why it is even more important to plan the use of compounded drugs with your physician and pharmacist before you begin to use it.
Does the Food and Drug Administration (FDA) approve these drugs? The FDA has not approved these drugs but they do acknowledge the usefulness of these alternatives to the regular commercially manufactured drugs. Their website says, “FDA believes that pharmacists engaging in traditional pharmacy compounding provide a valuable medical service that is important to patient health.”
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Does the Food and Drug Administration (FDA) approve these drugs? The FDA has not approved these drugs but they do acknowledge the usefulness of these alternatives to the regular commercially manufactured drugs. Their website says, “FDA believes that pharmacists engaging in traditional pharmacy compounding provide a valuable medical service that is important to patient health.”
continue to read here
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