Even in this low interest environment, Australians know the power of compound interest.
We all remember the lessons our parents taught us about how compound interest can make us rich (of course, it was much easier back in the 80s when bank interest rates rocketed to over 15%).
Even with interest rates at all time historical lows, one Australian pet business is seeing amazing growth, but it’s a different sort of compounding that's creating the interest this time.
Already a leader in filling discount veterinary scripts for Aussie pet owners, cutting edge online pet pharmacy PetScripts.com.au now also offers a compounding service to those dog and cat owners whose veterinarians have written prescriptions for custom or compounded drugs.
Whether it's unique dosage forms like transdermal gels, troches and chewies, combinations of compatible veterinary medicines, or vet meds that aren't commercially available, PetScripts' pharmacists use the latest veterinary pharmacy knowledge and state-of- the-art technology to prepare customized medications to meet a pet's specific needs. Compounding medications are a big plus for owners of difficult pets that won't swallow tablets or very large or small pets that can't take standard sized pills.
And with Australian vets writing more and more prescriptions for compounded veterinary drugs, PetScripts has reported that interest in its online service at https://www.petscripts.com.au/compounding-pharmacy/ is soaring.
"Since we launched our specialist pet pharmacy last year, we've been helping Australian animal lovers save money on veterinary prescriptions for leading brand pet medications like Carprofen, Vetmedin and Apoquel" says founder and chief veterinarian Dr Mark Perissinotto," but since we've included veterinary compounding for products containing actives like Amiodipine, Calcitriol and Fluoxetine last month, we've seen visits and orders grow at an exponential rate".
Perhaps that's not surprising given reports of a rapidly growing willingness amongst Australian vets to prescribe compounded medicines. According to one industry insider, it's estimated that the market for compounding medicines for dogs and cats in Australia is growing at 80-110% per annum.
Dr Perissinotto attributes the success of PetScripts.com.au to some straightforward but sometimes overlooked fundamentals. "Outstanding customer service is the key" he says. " From our pharmacists, right through to our assistants and customer service staff and our IT and marketing team, we know how much our customers trust us to deliver the highest grade medicines, quickly, efficiently and at a competitive price and we work damn hard to deliver."
By using only Australian registered pharmacists based right here in Australia and only premium grade fully government approved raw ingredients, and constantly working to improve systems and efficiency, PetScripts.com.au is confident that it will keep and grow its position as the leader in Australian veterinary pharmacy online.
About PetScripts: PetScripts.com.au is an online service allowing Australian pet owners who hold a valid prescription from an Australian veterinarian to order prescription pet medicines from Australian registered pharmacists. For more information visit www.PetScripts.com.au