New Agreement between Spectrum Pharmacy Products and Federation of Pharmacy Networks Offers Members Significant Savings on Compounding Services, Chemicals, Supplies and Training

NEW BRUNSWICK, N.J., Dec. 12, 2017 /PRNewswire/ -- Spectrum Pharmacy Products, a leading North American manufacturer and distributor of pharmaceutical compounding chemicals, equipment and supplies, announced a new agreement with the Federation of Pharmacy Networks (FPN), the largest U.S. cooperative of independent pharmacy group purchasing organizations. The agreement will offer FPN members great savings on Spectrum's leading portfolio of compounding products, services, education and training.

Carol Carlson, CEO, Federation of Pharmacy Networks, said, "With this agreement we are very pleased to provide our members nationwide with the benefits and value of Spectrum's well-known, high-quality compounding products at highly competitive prices. Our members will appreciate the quality and the savings."

Spectrum Pharmacy Products, a division of Spectrum Chemical Mfg. Corp., has been serving compounders for more than 40 years with the industry's largest portfolio of USP/NF grade products and DEA Controlled Substances (Schedules I – V). 

Craig A. Recatto, Ph.D., President of Spectrum Pharmacy Products, said, "Spectrum understands the needs of compounders and appreciates the important role they play in personalized medicine. By partnering with FPN we can support the membership through the largest selection of chemicals and supplies as well as outstanding customer service at significant savings. In addition to our nationally recognized quality and service, FPN members can also take advantage of continuing education and training courses at the Spectrum Pharmacy Institute, centrally located in New Brunswick, New Jersey."

The agreement authorizes Spectrum Pharmacy Products to offer FPN members discounts on chemicals, supplies, equipment and education courses. Spectrum Pharmacy Institute offers accredited classroom, hands-on and online education programs for pharmacists and technicians to obtain continuing education units (CEUs).

Spectrum offers a comprehensive line of compounding ingredients, including more than 1,200 USP-NF-FCC chemicals, the broadest selection of monograph chemicals in the industry. Spectrum supplies more than 200,000 consumables and capital equipment.

The company has more than 45 in-house chemists, technicians and pharmacists to ensure safety, reliability, quality and leading customer service. Spectrum also offers formulation and technical support, in addition to education and training opportunities.

About the Federation of Pharmacy Networks (FPN)

The Federation of Pharmacy Networks is a cooperative of 20 independent pharmacy group purchasing organizations representing over 15,000 independent pharmacies. The organization was established for the purpose of providing a forum for its members to exchange ideas that promote, advance and ensure the future success of independent pharmacy. FPN is dedicated to independent pharmacies and the patients they serve nationwide. For more information, visit FPN.org.

About Spectrum Pharmacy Products

Spectrum Pharmacy Products, a division of Spectrum Chemical Manufacturing Corporation, manufactures and distributes high-quality compounding chemicals, equipment and supplies. Spectrum has been serving compounders for more than 40 years with the industry's largest portfolio of USP/NF grade products and DEA Controlled Substances (Schedules I – V).  The company's bicoastal cGMP facilities in New Jersey and California are FDA registered and inspected, with additional certification to the ISO 9001:2015 standard. This year Spectrum Pharmacy Products launched the Spectrum Pharmacy Institute, a 42,000-square foot pharmacy distribution, manufacturing, and compounding education facility located in New Brunswick, New Jersey. For more information, visit SpectrumRx.

Media Contact:

Sandra Oak, Nsight Public Relations, 321-591-1508, [email protected]

Company Contact:

Grant Gibson, Vice President, Marketing, Spectrum Chemical Mfg. Corp.,
1-310-516-8000, ext. 4601, [email protected]

SOURCE Spectrum Pharmacy Products