The American Pharmacists Association (APhA) says it has submitted comments to the Federal Trade Commission (FTC) and the US Department of Justice (DoJ) Antitrust Division addressing the impact vertical mergers are having on the pharmacy supply chain, medication pricing and patient access and choice.
Vertical mergers, which combine two or more companies that operate at different levels in the same supply chain, have created a highly concentrated marketplace where only a few large Pharmacy Benefit Managers (PBM) control about three-quarters of all prescription claims, and integrated health care systems restrict access.
In the comments, the APhA recommends that, as part of the evaluation of healthcare vertical mergers, there be:
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