About Us

Our Story

Before building Galt Phranchise Systems into one of the most unique healthcare franchise opportunities, co-founders Barry Patel and Wade Smith began as pharmacists with career experiences in the pharmaceutical industry.  These practices led to their desire to find a better way to provide pharmaceutical care to people seeking to improve their quality of life.
In eliminating the capital requirements, practice legacies and regulatory barriers, multiple paths open to create revenues beyond “the way it’s always been done”. Galt Phranchise Systems provides a healthcare business opportunity – without rent or inventory –  designed for many different types of entrepreneurs that simply have passion for helping people improve their quality of life.

To Barry and Wade, the big pharma model was inefficient, forcing patients to support higher costs of pharmaceuticals to feed middle-men intermediaries and corporate bureaucracies.  To do something about it, they established Galt Pharmaceuticals to develop pharmaceutical assets.  To commercialize the assets, they looked for ways to eliminate the splendors enjoyed by the middle-men and fat corporations.  They believed the answer existed in collaborating with local health-minded entrepreneurs to serve patients in the community they shared. Thus, they created opportunity for individuals to operate a compliant community-based health enterprise…..by removing the high barriers to entry of the pharmaceutical business.

Pharma Franchise (Phranchise)

Galt Phranchise™️ Systems (GPS) offers the first in kind Pharmaceutical Franchise (Phranchise™️) model for sales-minded entrepreneurs to own and operate a pharmaceutical sales company. This ownership gives exclusive product distribution rights within defined territories for all FDA approved Galt Pharmaceuticals prescription products (www.galtrx.com).

 

A Galt territory Phranchisee™ receives the following:

  • Exclusive distribution of FDA approved prescription product portfolio
  • Complete regulatory, pharmacovigilance support to assure applicable state and federal laws are met and compliance to FDA rules and regulations are maintained
  • Access to approved marketing materials and promotional support services
  • Managed Care team
  • Comprehensive training, coaching and mentoring to ensure success with promotions
  • Sales representative mobilization and optimization plans based on targeting data
  • Medical information and clinical liaison field support
  • Access to a pipeline of products in development

Phranchisees provide education to local healthcare providers about high value medications and earn revenues on any drug sales which occur within their territory – which includes sales they fostered, as well as sales which may have resulted organically due to corporate initiatives and larger healthcare dynamics. Phranchisees share a percentage of sales with Galt Pharmaceuticals, who owns the pharmaceutical assets and manages functions such as drug research, regulatory approval, compliance and supply chain.

Contact Us

Contact us to learn more about Galt Phranchise™ Systems. We will be in touch soon to share the Galt story with you.

Galt’s potential Phranchisees

 Galt’s potential Phranchisees are made up of several groups. Primarily, Phranchisees are former pharmaceutical sales reps as well as independent pharmacists. In some cases, they are entrepreneurs and businesspeople who have limited knowledge of the pharmaceutical industry. With a Galt Phranchise, these groups have increased entrepreneurial and financial opportunities. Ownership allows these groups to have increased accountability and customer intimacy through shared community interest and entrepreneurial spirit.

 

Pharmaceutical sales professionals

Pharmaceutical sales reps have built relationships and understanding within their local medical community for years. However, they have no way to express their entrepreneurial spirit within the pharmaceutical industry because of high barriers to entry.
A Phranchise™ allows this group the opportunity to own a small piece of the industry that they have spent years of blood, sweat and tears building to make profits for big pharma.

Independent pharmacists

Independent pharmacists have built-in entrepreneurial spirit. They enjoy serving individuals in their community and finding solutions for unmet needs. Additionally, they value the ability to act fast without corporate red tape. Facing the challenge to remain financially viable with competition from national chains, independent pharmacists are paving new roads and reaping benefits for their business enterprise by being part of the Galt Phranchise™ system.
A Galt Phranchise™ allows this group the opportunity to leverage their knowledge and expand revenues while profiting not just from sales made in their own pharmacies, but from Galt product sales made by competitors across their territories.

Businesspeople

Entrepreneurs and businesspeople with expertise in other areas may recognize the potential of owning a pharmaceutical business but do not have industry knowledge. They are interested in creating a legacy for themselves and possibly for their families.
For those interested in owning a pharmaceutical business but lacking the industry knowledge needed to run a successful Galt Phranchise™, Galt offers Management Services and can help manage their pharmaceutical businesses.

Meet the GPS Team

The GPS team has one goal in mind and that is to help each of our Phranchise™ owners achieve the highest possible level of success by maximizing all resources available to them. 

Tracey DeFine

President

Kevin Vora

Director Business Development

Tucker Bedingfield

Phranchise Communications Coordinator

Tyler DeFine

Business Consultant

Maxine Ramdass

Account Manager

Jimmy Fanning

Account Manager

FAQ

The GPS team has one goal in mind and that is to help each of our phranchise owners achieve the highest possible level of success by maximizing all resources available to them. (Add something about Communications being an important part etc.)

  • Tracey Define
  • Kevin Vora
  • Success Managers
  • Business Consultants
  • GPS Operations?
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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer pulvinar odio ac turpis venenatis lobortis sit amet in est. Mauris porttitor est nisi, in mattis ligula tempor eu. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam vitae gravida sem. Nam non ipsum quis ligula sagittis fringilla.

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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer pulvinar odio ac turpis venenatis lobortis sit amet in est. Mauris porttitor est nisi, in mattis ligula tempor eu. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam vitae gravida sem. Nam non ipsum quis ligula sagittis fringilla.

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