Title of article :
The Study of Profitability of Drugstores in Iran’s Pharmaceutical System
Author/Authors :
Mohammadzadeh, Mehdi Department of Pharmacoeconomics and Pharmacy Management - Faculty of Pharmacy - Shahid Beheshti University of Medical Sciences, Tehran
Abstract :
Pharmacy as the last unit in the pharmaceutical supply chain is responsible for
supplying and dispensing medicines to the patients and giving required advices to
them, based on their needs and physician’s prescriptions according to standard
protocols of the country. Beside this responsibility, which is primarily on drugstores,
this unit is regarded as a small business unit and should have economical feasibility
and acceptable profit, so that it’s main responsibility will not be negatively affected
by unfavorable economic situation. In this study, the profitability of pharmacies, in
case they merely supply medicine and work out no other business, has been put into
consideration. To carry out the research, case studies and interviews along with
archival reviews and historical records have been used and income statement of case
pharmacies has been inspected. The results show that in the case that Iranian
pharmacies simply supply medicines, they will be loss-baring and to improve them
and increase their outcome some measures need to be taken. Some recommendations
have been offered in the discussion and conclusion section of this paper.
Keywords :
Supply chain management , Income statement , Induced demand , Justice in health , Profitability , Pharmacy accounting
Journal title :
Astroparticle Physics