Flexipharm Austrading is a new specialty pharmaceutical company focused on supplying the UK NHS with Better. Critical Care Medicines.

This website is intended for Healthcare Professionals. If you are a patient seeking information you should consult your doctor or nurse. If you are involved in the purchase, supply or prescribing of medicines and / or pharmaceuticals please read on to learn more about Flexipharm Austrading and what we can offer.

We focus on injectable presentations of “gold standard drugs” which are improvements on the current products available to NHS hospitals.

We pride ourselves on understanding the conditions where our medicines are used and building meaningful dialogue with the NHS staff involved in using our medicines. We are responsive to inquiries from the NHS and will provide prompt, accurate and fact-based data when requested.

Flexipharm Austrading was set up in 2018 by Michael Clark, an experienced specialty pharmaceutical company founder and board director. It is a privately owned limited UK company.

Vision

Our vision is to be known by the NHS as a highly respected, reliable and trusted supplier of generic injectable medicines for critically ill patients.

We are singularly focused on providing novel presentations of established (or “gold standard”) molecules embedded in hospital use where there are one or more of the following challenges;

  • Concerns around security of ongoing supply and/or;
  • Where the current presentation is not optimal for the needs of the NHS staff and/or;
  • Where the current presentations can contribute to medication errors

Led by our founder, Michael Clark, we can be agile and responsive and we have no barriers to quick decision making. Our exclusive distribution agreement with Phebra will see us launch several innovative injectable critical care medicines in 2019 and 2020.

NHS Value Proposition

Flexipharm Austrading has a three point value proposition for the NHS

1. We only supply better presentations:

  • Using vials eliminates the costs and risks from broken glass or glass shards which are implicit with ampoule opening. Using a vial removes the need for filter straws or filter needles when drawing up drug for use
  • We will launch novel strengths of existing medicines, removing the need to dilute product before administration, saving time and reducing the risk of medication errors when diluting high strength products

 2. We offer savings over the more expensive options:

  • The target is a minimum of 7.5% saving versus the current or equivalent product. We will make life easier for hospitals to access and buy our products by always submitting for inclusion our products on NHS Framework Agreements
  • We guarantee we will never increase our price if our competitors go out of stock or we become a “sole supplier”

3. We are a reliable and high-quality manufacturer:

  • Our products are manufactured in a modern facility approved by both the European Medicines Agency and FDA
  • We commit to working in a transparent manner with the NHS and we will always hold enough stock of our products for UK hospital demand

Business Model

Flexipharm Austrading is principally a commercial organisation which seeks to acquire exclusive distribution rights to novel or better presentations of injectable critical care medicines which we then supply to NHS hospitals.  

Flexipharm Austrading only supplies medicines which demonstrate clear advantages and improvements over existing products.

The company holds a Wholesaler Dealers Authorisation and a Manufacturers/Importers Authorisation which allows Flexipharm Austrading to file and hold Marketing Authorisations as well as to import, release and supply products for sale in the UK.

Flexipharm Austrading's day-to-day operations are supported by specialist providers of quality assurance, pharmacovigilance and supply chain services and the company follows all applicable guidelines including Good Manufacturing Practice and Good Distribution Practice.

The company has an exclusive license and distribution agreement with Phebra Pty Ltd, an Australian company that develops, manufactures and supplies high quality and innovative pharmaceuticals to meet the requirements of the hospital specialty pharmaceutical market, details can be found at www.phebra.com

Partnerships

Flexipharm Austrading has an established partnership and exclusive distribution agreement with Phebra Pty Ltd, an Australian company that develops, manufactures and supplies high quality and innovative pharmaceuticals to meet the requirements of the hospital specialty pharmaceutical market, www.phebra.com.

The first product launched from the partnership is Arsenic Trioxide Phebra, a novel vial presentation of arsenic trioxide (concentrate for solution for infusion) indicated for the treatment of low-intermediate risk Acute Promyelocytic Leukaemia (APML).

Arsenic Trioxide Phebra received UK regulatory approval in May 2019 and is available from Mawdsleys, our exclusive wholesaler partner for Arsenic Trioxide Phebra. Read the press release here.

Flexipharm Austrading is planning to launch several more products from the Phebra portfolio during 2019 and 2020.

Focus

Flexipharm Austrading is focused on offering tangible value to the NHS. All our products meet three parameters; better, cheaper and fairer

arseenic trioxide phebra vial

Better*

Our products are all presented in vials; most UK injectable essential medicines are supplied as ampoules. Vials have the significant advantage that there is no risk of a sharps injury from the top of an opened ampoule or a glass fragment when drawing up the drug from a vial.

We are also focused on introducing new strengths of medicines which remove the need for dilution before administration; a process which can contribute to medication errors.

* Flexipharm Austrading only supplies products in vials; the alternative product is an ampoule. Vials are better than ampoules because they do not carry a risk of causing a sharps injury on opening -ampoule opening frequently leads to sharps injuries from broken edges of the ampoule or glass splinters produced on opening.

Cheaper*

We will launch our products with an NHS or List price lower than the existing product to enable the NHS to save money.

As our products are vials, we save the NHS money by removing the need to use filter straws/filter needles to draw the drug from the vial.

* Flexipharm Austrading commits to including its products on NHS Framework Agreements so there is transparency on the price NHS Hospitals pay for its products and also commits not increase prices in the event of shortage of competitor products or becoming a “sole supplier”

Fairer*

Flexipharm Austrading guarantees not to increase the prices for our products if we are in a “sole supply” situation.

Our planned product launches are for medicines where there is currently one manufacturer supplying the UK, so if that product is not available the NHS will have a second licensed equivalent product for patients.

Flexipharm Austrading will apply to have our products included on NHS Framework Agreements so NHS hospitals can easily access and order our products. We will also ensure that we have sufficient stock in the UK to anticipate demand.

* Flexipharm Austrading products will have an NHS or List Price lower than the competitor product
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