As the lawsuits in the US pharmacy antitrust cases are settled (Marketletters passim), independent pharmacy groups will come together to form their own networks, realizing that they can no longer make it alone, according to Robert Johnson of RC Johnson & Associates, and former chairman of PCS.
These networks will then become acquisition targets for drugmakers, wholesalers and health maintenance organizations, he said, and forecast that independent pharmacy groups' share of the market will decline from 40% at present to around 10% by the year 2000.
He said that Federal Judge Charles Korcoras' decision to overturn his previous ruling allowing 15 drugmakers to pay $408.9 million to settle a retailers' class-action suit claiming price discrimination indicates that while there can be differential pricing for market share, if the community of retail and food chain pharmacies can deliver the market share, "you're going to sell to them at the same price you sell to the mail-order people."
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze