Pharmaceutical Commerce just published my article on the implications of the evolving retail pharmacy industry for pharmaceutical manufacturers. You can read the article for free on the PC site: The Evolving Retail Pharmacy Channel: Implications for Manufacturers.The article is based on my U.S. Pharmacy Industry: Economic Report and Outlook.
My key point:
The corner drugstore has evolved into consolidated, multibillion-dollar public corporations that manage the distribution, dispensing, and payment of prescriptions. These organizations will be able to use their emerging influence to extract financial support from pharmaceutical manufacturers as pharmacy margins erode. Manufacturers should be prepared with an integrated approach to engage effectively with these participants and maintain competitive position.Please feel free to post comments on the article—pro or con—here on the blog.
I'm helping a number of clients with these issues, so drop me a line if you'd like to schedule a confidential discussion on this topic.
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As a Philadelphia resident, I'm ashamed to admit that the Yankees World Series victory may be a positive leading economic indicator per Yankees World Series Victories Boost Economic Growth. You may recall the unfortunate accuracy of last year's World Series prediction in Phillies win!! Economy doomed?.
Only 146 shopping days until Opening Day 2010!
