When Dennis Smith founded Masters
Pharmaceutical Inc. in 2001, he
had grand dreams of a thriving andsuccessful company, and today, he is living those dreams and making new ones.
When he started the company, he envisioned a dynamic pharmaceutical sales,
marketing and distribution company. He
thought that if he and
his employees made
100 calls a day to
more than 55,000
pharmacies, long-term and managed
care facilities, and
smaller wholesale distributors, that eventually these entities would start to understand the ways his company could help
them save costs.
He wanted to offer deep discounts to
these entities without sacrificing quality
on both the product and service sides of
the equation, and since the company’s
beginnings, both revenue and customers
have grown rapidly. By the end of last
year, Masters Pharmaceutical had more
than 7,000 customers, and Smith hopes
to have 10,000 by year’s end.
As he realizes his goals, Smith also
makes new ones and positions the company for further growth. He created a
compliance group on-site to deal with all
the DEA and FDA regulations so his
employees can focus on their responsibilities and carrying those out to the best
of their abilities. He says that his people
are like the spokes of a wheel, constantly turning and succeeding because of
their individual strengths.
Last year, he also created a new company called Masters Healthcare, and for
the future he hopes to combine his two
ventures into one facility as he sees
them reach new levels of excellence.
HOW TO REACH: Masters Pharmaceutical Inc., (513) 354-2650
or www.mastersrx.com