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By Matthew Limb
Vet practices will be examining their business models after a well-known UK pet insurer teamed up with an online veterinary medicines supplier to sell ‘cheaper’ drugs direct to pet owners.
Direct Line Pet Insurance and Pet Drugs Online have joined forces, claiming they can help customers save money and extend their policy limits.
According to the Society of Practising Veterinary Surgeons (SPVS), sales of pharmaceuticals and other products on average account for about 35 per cent of turnover in small animal practice, although the proportions vary between practices.
Peter Brown, SPVS president, said if the new commercial link-up led to fewer drugs being bought directly from vets, practices may have to charge more for other services to stay profitable.
He told Vet Record: ‘Vet practices aren’t making huge profits now. The fewer drugs the vets sell, ultimately they’re going to have …
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