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Richard Lowenthal

👤 Speaker
See mentions of this person in podcasts
347 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And that's why what you see as the wholesale price and we can talk about this.

969.296 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

A little bit, I think you have other questions you're going to ask about this, but what you see as the wholesale price as a manufacturer, the developer of this product and put in all the research and development money and our investors and also as the manufacturer, we get roughly 50% of that price.

974.545 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So, when we take into account the PBM costs, the rebates back to payers, the distribution costs and the retail pharmacy costs and our copay assistance program, we retain about 50% of the actual published price of the product.

992.703 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Yeah, so in our pricing strategy, we try to work very hard to protect the consumer and the patient.

1031.397 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So the patient caregiver, I say, is consumer, right?

1039.592 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Because in large number, it's the caregiver making the decision to buy or which epinephrine product they want to buy.

1042.037 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So we...

1050.493 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Mainly focused on them, so that there's no price barrier to switch to.

1052.17 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Of course, if they're insurers is insurance is not covering yet or or they're denied on a prior authorization.

1057.116 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Of course, there's some price barrier in that regard, but I'll talk about that in a minute.

1065.286 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

But we focused in that regard to keep that copay as low as possible.

1070.393 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

We started off with a 25 dollar copay, but we've now lowered it to 0.

1075.859 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So that copay should be zero for any commercially insured person who gets coverage and doesn't have very high deductibles.

1080.385 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And the reason we...

1092.052 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Focused on that is that that that is the decision maker and getting the product.

1094.695 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

We think this is a very consumer oriented type of product.

1099.947 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

It's.

1103.174 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

The allergist practice shared decision making.

1104.076 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So, if if a patient has a strong preference for 1 epinephrine product over another.

1109.027 View full episode →
Vanguards of Healthcare by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

The allergist will generally prescribe that because again, their main focus is that you're willing to carry it and use it.

1114.321 View full episode →