What Is a Specialty Pharmaceutical

Specialty drugs or specialty pharmaceuticals are a recent designation of pharmaceuticals that are classified as high-cost, high complexity and/or high touch. Specialty drugs are often biologics—”drugs derived from living cells” that are injectable or infused (although some are oral medications).

What is specialty pharma companies?

Although there is no accepted definition of specialty pharmaceuticals, they generally are drugs and biologics (medicines derived from living cells cultured in a laboratory) that are complex to manufacture, can be difficult to administer, may require special patient monitoring, and sometimes have Food and Drug …

What's so special about specialty pharmacy?

A specialty pharmacy is a very specific way to provide specialty drugs to a patient population who requires complicated services and extensive care. It is a patient-focused model that may include more services than a retail pharmacy, such as: clinical interventions. … patient monitoring for safety and efficacy.