DMPO Seek Deep Knowledge of Pharma Industry
Key Facts
- Worked with the company since its inception in 2014
- Advised the company on all aspects of the federal and state regulatory requirements applicable to building its business
- Worked closely with the company to structure, negotiate, and document various contractual arrangements, acquisitions, and strategic initiatives
The Situation
Our client launched its discount medical and pharmacy service offering in 2014. The company allows consumers to access discounted pricing for prescriptions, dental procedures, vision procedures, and video doctor visits. The company approaches the provision of prescription drugs to consumers in a cutting-edge and sophisticated manner.
The Approach
Mintz has provided strategic counselling to the company since its inception. We have advised in connection with its business strategy and how it is impacted by federal and state regulatory requirements applicable to its business. Our work has included extensive research and assistance on required state licenses and related approvals across all 50 states. We have also advised the company on the application of state fraud and abuse laws to various sales and marketing arrangements and in the structuring of compliant broker / sales representative arrangements. We have worked closely with the company to structure, negotiate, and document various contractual arrangements, acquisitions, and strategic initiatives.
The Outcome
We brought our deep knowledge of the pharmacy industry and assisted the company with developing an innovative model, and it is well on the way to success.
