Thyroid Price Increase FAQ
Please read our letter from our supplier here: Supplier Letter
Why is the price going up?
Our supplier is in the midst of a supply crisis, they have unprecedented demand globally so have sadly raised their prices again. They are also the only major pharmaceutical grade thyroid producer in the world. With that said, we’re working with our wholesale partners to continue to try find a possible alternative who can supply at the pharmaceutical grade we require so we have another option to buy off and at a more reasonable price. We have been working on this for some time, however we don’t have a time frame on this as yet but we are continuing to search as quickly as we can, as we know how important this is to our customers.
Is this the final price rise?
Unfortunately, we can’t say for sure. Because the supplier is currently the only pharmaceutical grade producer in the world, we are somewhat at their mercy. However, as mentioned above we are continuing to work with our wholesale partners to find alternative manufacturers who manufacture at a very high quality which is in accordance with a set of standards called current Good Manufacturing Practices (cGMP). Having cGMP standards ensures we are able to deliver the high quality thyroid product you expect.
Does this mean there won’t be any supply available at all?
That’s not something that has been communicated to us, so we are hopeful that this doesn’t happen.
Why haven’t we found alternatives suppliers already?
Unfortunately, we have not been able to find an alternative manufacturer that meets our strict quality standard. Testing of alternate manufacturers has not been successful. Instead tests of alternatives have confirmed inconsistent quality levels of active ingredients – levothyroxine and liothyronine. As mentioned we are currently continuing to look for an effective alternative in partnership with our global wholesale providers.
What do you mean by pharmaceutical grade standard?
In order for us to produce something that is safe, all of our active pharmaceutical ingredients must be sourced from manufacturers who adhere to cGMP (as described above) at their manufacturing facilities and meet the latest United States Pharmacopeia (USP) and British Pharmacopeia (BP) standards. These standards ensure that our high standard of quality is met.
Are there any product alternatives that I can use instead of Thyroid?
We recommend that you consult your doctor about this. They are best placed to advise on what else might be appropriate for you to take.
What is the exact price rise?
It varies based on the specific product you use as it’s related to how much Thyroid powder is in your medicine. Please talk to us directly so we can let you know the details.
Is the price increase a result of the Swine flu virus?
No, this is not the case. As mentioned above, the increase in cost is due to the increase in demand globally, placing a strain on the major pharmaceutical grade thyroid producer. Our thyroid is derived from pig but this has not been affected by the Swine flu virus.
For any questions please contact us.