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DarshanTalks Podcast

Legal Minute: 3 ways #pharmacies are fighting high generic drug prices!

01 Dec 2023

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Darshan Kulkarni talks about how the generic drug industry is facing several challenges that are impacting profitability, including:1. Pressure from insurers to lower prices,2. Rising costs of manufacturing and distribution,3. Inflation,4. Supply chain disruptions and5. Increased competition from other generic companiesPharmacies are fighting back against these challenges by:1. Bypassing wholesalers and negotiating directly with manufacturers,2. Offering discounts and coupons to patients and3. Partnering with other organizations to negotiate lower pricesSupport the show

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