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Consulting keeps company focused on future
Compounding pharmacy had record 2009
Tampa Bay Business Journal - by Robert Yaniz Jr. Editorial Assistant
Photo credit: KATHLEEN CABBLE
ST. PETERSBURG — Mike Haulsee initially was hesitant about entering the compounding pharmacy business, but upon a friend’s persistent urging, Haulsee finally launched The Compounding Shop in August 1997.
The company supplies physicians’ offices and hospitals with customized formulas made to fit patients’ specific needs. Once a two-person operation, the company has grown to 20 employees.
The Compounding Shop, based in St. Petersburg, also has an office in Riverview, and Haulsee is partner in a pharmacy in Costa Rica where his company’s services make common medications accessible.
When the company first opened, Haulsee relied on his own savings and family contributions to cover the $60,000 of startup costs. The company first spread word of its services through visits to local medical offices, but today its three-person marketing team has integrated this approach with advertising efforts, including an impending foray into social media.
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