Hunter's Precision Rx, LLC: Company Profile
Background
Overview
Hunter's Precision Rx, LLC is a pharmaceutical compounding company based in Oklahoma City, Oklahoma. The company specializes in creating customized medications tailored to meet the unique needs of individual patients. By focusing on precision and quality, Hunter's Precision Rx provides personalized solutions for those seeking alternative medication options not readily available through traditional pharmacies.
Mission and Vision
Hunter's Precision Rx is committed to delivering high-quality, personalized pharmaceutical care. The company's mission is to ensure that patients receive medications that are specifically formulated to address their individual health requirements, thereby enhancing therapeutic outcomes and patient satisfaction.
Industry Significance
In the United States, approximately 3.8 billion prescriptions are written annually, with studies indicating that up to half of patients do not take their medications consistently. This non-adherence leads to significant healthcare costs, estimated at $100 billion each year. Hunter's Precision Rx addresses this challenge by offering customized medication plans that improve adherence and overall health outcomes.
Key Strategic Focus
Core Objectives
Hunter's Precision Rx aims to provide personalized pharmaceutical care by compounding medications that are tailored to the specific needs of each patient. The company focuses on enhancing medication adherence, improving therapeutic outcomes, and offering alternative treatment options not available through standard pharmacies.
Areas of Specialization
The company specializes in pharmaceutical compounding, creating customized medications that address unique patient requirements. This includes formulating medications in various strengths, dosages, and delivery methods to ensure optimal efficacy and patient compliance.
Key Technologies Utilized
Hunter's Precision Rx employs advanced compounding techniques and adheres to strict quality control standards to ensure the safety and effectiveness of its customized medications. The company utilizes state-of-the-art equipment and follows USP (United States Pharmacopeia) guidelines to maintain high-quality standards.
Primary Markets Targeted
The primary market for Hunter's Precision Rx includes patients who require personalized medication solutions, healthcare providers seeking alternative treatment options for their patients, and individuals who have specific health conditions that necessitate customized pharmaceutical care.
Financials and Funding
Funding History
Specific details regarding the funding history of Hunter's Precision Rx, including total funds raised and recent funding rounds, are not publicly available.
Notable Investors
Information about notable investors in Hunter's Precision Rx is not publicly disclosed.
Utilization of Capital
While specific details on the utilization of capital are not available, it is common for pharmaceutical compounding companies to invest in state-of-the-art compounding equipment, quality control measures, and staff training to ensure the production of high-quality, customized medications.
Pipeline Development
Key Pipeline Candidates
As a pharmaceutical compounding company, Hunter's Precision Rx does not develop its own drug candidates but focuses on customizing existing medications to meet individual patient needs.
Stages of Development
The company operates in the compounding stage, formulating medications based on prescriptions from healthcare providers.
Target Conditions
Hunter's Precision Rx addresses a wide range of health conditions by providing customized medications, including but not limited to:
- Hormone Replacement Therapy
- Dermatological Treatments
- Pediatric and Geriatric Care
- Pain Management
- Allergy Treatments
Anticipated Milestones
Specific timelines for anticipated milestones are not publicly available.
Technological Platform and Innovation
Proprietary Technologies
Hunter's Precision Rx utilizes proprietary compounding techniques and formulations to create customized medications that meet the unique needs of each patient.
Significant Scientific Methods
The company employs advanced compounding methods, including:
- Individualized dosing
- Alternative dosage forms (e.g., transdermal, sublingual)
- Flavoring and coloring agents to improve patient compliance
AI-Driven Capabilities
There is no publicly available information indicating the use of AI-driven capabilities at Hunter's Precision Rx.
Leadership Team
Key Executives
- Hunter J. Hogan III, DPh: Operations Manager
Hunter J. Hogan III serves as the Operations Manager at Hunter's Precision Rx. He is responsible for overseeing the daily operations of the pharmacy, ensuring compliance with regulatory standards, and maintaining high-quality compounding practices. His leadership is instrumental in the company's commitment to personalized pharmaceutical care.
Market Insights and Competitor Profile
Industry Overview
The pharmaceutical compounding industry is characterized by growing demand for personalized medication solutions. Factors such as increasing patient awareness, advancements in compounding technologies, and a shift towards individualized healthcare contribute to the market's expansion. However, the industry also faces challenges, including regulatory scrutiny and the necessity for strict quality control measures.
Competitor Analysis
While specific competitors to Hunter's Precision Rx are not publicly identified, the pharmaceutical compounding market includes various local and regional compounding pharmacies that offer similar personalized medication services. These competitors vary in size, service offerings, and market reach.
Strategic Collaborations and Partnerships
Information regarding strategic collaborations or partnerships involving Hunter's Precision Rx is not publicly available.
Operational Insights
Hunter's Precision Rx differentiates itself by focusing on personalized pharmaceutical care, offering customized medication solutions that are not readily available through traditional pharmacies. This specialization allows the company to cater to patients with unique health needs, enhancing patient satisfaction and loyalty.
Strategic Opportunities and Future Directions
Strategic Roadmap
Hunter's Precision Rx aims to expand its services by:
- Enhancing compounding capabilities to offer a broader range of customized medications
- Implementing advanced technologies to improve compounding efficiency and accuracy
- Strengthening relationships with healthcare providers to increase referral rates
Future Business Directions
The company plans to:
- Expand its patient base by offering specialized compounding services
- Develop educational programs to inform patients and healthcare providers about the benefits of pharmaceutical compounding
- Explore opportunities for collaboration with healthcare institutions to integrate compounding services into broader patient care plans
Opportunities for Expansion
Hunter's Precision Rx has the opportunity to:
- Enter new geographic markets by establishing additional compounding facilities
- Diversify its service offerings to include more specialized compounding areas
- Leverage telehealth platforms to provide remote consultations and services
Positioning for Future Objectives
By focusing on quality, personalized care, and strategic growth initiatives, Hunter's Precision Rx is well-positioned to achieve its future objectives and continue to meet the evolving needs of its patients.
Contact Information
- Website: huntercareprecisionrx.com
- Social Media: Facebook - HuntersPrecisionRx