US pharmacy collective bargaining under fire

21 January 2008

A dispute over the findings of a Congressional Budget Office report into the effect on drug costs for patients and insurers of independent pharmacy collective bargaining rules has erupted in the USA. According to the Association of Community Pharmacists' Congressional Network (ACP*CN), the study exposes as "bogus" the claims of pharmacy benefit managers that drug costs over five years would be $29.0 billion higher under the antitrust exemptions for pharmacies being considered by the House of Representatives (HR971).

The group notes the CBO findings, which were that the cost increase would be about $727.0 million, spread over a decade.

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 account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
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









Company Spotlight