Commercialisation of customised pharmaceutical compounded creams and ointments in a community pharmacy setting

dc.contributor.authorMatulodi, Itumeleng Bianca
dc.contributor.supervisorMagida, Ayanda
dc.date.accessioned2024-09-05T12:54:23Z
dc.date.available2024-09-05T12:54:23Z
dc.date.issued2023
dc.descriptionA research report submitted in partial fulfillment of the requirements for the degree of Master of Business Administration to the Faculty of Commerce, Law and Management, Wits Business School, University of the Witwatersrand, Johannesburg, 2023
dc.description.abstractThis research intended to discover and explore a business opportunity for high-quality, cost-effective creams/ointments and the therapeutic benefits to the end-user in a community pharmacy setting. A mixed research method was utilised in the proposed business venture in the form of primary and secondary data collection, solidifying methods in answering the research questions. A random sample size of 120 adults was used for the quantitative survey questions and 80 adults for the qualitative survey. Microsoft Excel spreadsheet was utilised to enter all the data and to make inferences from the primary and secondary data obtained. The Statistical Packages for Social Sciences (SPSS) version 28 was used to code data and run the statistical analysis. The research results revealed that the cream combination may be prescribed by either the GP/Specialist and will not depend on gender, age, the frequency of prescribing, and whether the individual is using it for the first time or more. There was a perfect association between price and cream. Pharmaceutical compounded creams/ointments have a critical part in providing patient- centric products and services for individuals who may be underserved. This is a business that can be leveraged.
dc.description.submitterMM2024
dc.facultyFaculty of Commerce, Law and Management
dc.identifier.citationMatulodi, Itumeleng Bianca. (2023). The role of design houses [Master’s dissertation, University of the Witwatersrand, Johannesburg]. WireDSpace.https://hdl.handle.net/10539/40601
dc.identifier.urihttps://hdl.handle.net/10539/40601
dc.language.isoen
dc.publisherUniversity of the Witwatersrand, Johannesburg
dc.rights© 2023 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg.
dc.rights.holderUniversity of the Witwatersrand, Johannesburg
dc.schoolWITS Business School
dc.subjectCustomised creams/ointments
dc.subjectPharmaceutical compounding
dc.subjectPatient-centric
dc.subjectValue-driven
dc.subjectUCTD
dc.subject.otherSDG-3: Good health and well-being
dc.titleCommercialisation of customised pharmaceutical compounded creams and ointments in a community pharmacy setting
dc.typeDissertation
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