Health care distributor?
Question:
Has anyone started a small health care/laboratory product distribution company. As you know the health care/ and the laboratory supplies industry product distribution is to a great extend controlled by big companies. However i believe that there is a possible market out there, especially with the growing numbers of baby boomer and diseases. I am still just think a bout the concept and just started doing some market research, i have a very long way to go. But i was wondering whether there is anyone out there that has been in my shoes before and now has a small company running within a few provinces/states. I just would like to know how were you able to find a supplier that had no distribution in your area. And possible if you can give your prospective of how i should start this.
Thank you,
Answer:
After two-and-a-half years of being a market underperformer, it appears the health-care distributor group is again attracting investor attention, judging by the improvement in its rolling 12-month relative-strength ranking in the past four weeks.
We are about to enter the most significant patent expiration cycle in the U.S. drug industry. While that's a negative for the drug companies, it's positive for the distributors because they make more money distributing a generic drug than the branded counterpart. We will see better-than-expected earnings growth for the distributors.
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