Deriving Value from Your Pharma Take-Back Program Leo Raudys Vice President, Program Development.

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Presentation transcript:

Deriving Value from Your Pharma Take-Back Program Leo Raudys Vice President, Program Development

Pharmaceutical Take-back… What Does the Landscape Look Like?  Product stewardship is on the rise across multiple industries from batteries to electronics, to unused medicines  Recent local government rulings are requiring prescription drug manufacturers that sell drugs to fund take-back programs  New DEA regulations support this trend The pharmaceutical industry is facing similar challenges that battery and electronics manufacturers have faced for the past two decades.

Pharmaceutical Take-back Challenges Regulatory Challenges New DEA regulation State pharmacy boards Household hazardous waste management Reverse logistics Program Challenges Operational complexity Uncertain cost structures

Collection sites set up at local pharmacies and law enforcement sites Collections projected at 77,400 pounds by the end of 2016 in King County Adds foot traffic to retail collection sites User-friendly and safe receptacles for confidential drop-offs Strengthened community relations for collection sites Pharmaceutical Take Back Benefits

Core Competencies for a Successful Take-back Program

Future Growth County ordinances Replicability Scale will drive costs down King County Alameda County

Questions Leo Raudys

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