Key findings, in my opinion:
- generic manufacturers compete by offering pharmacies rebates off invoice prices (to be considered, however, that two Canadian provinces prohibit rebates); rebates are substantial (on average 40 per cent of the price the pharmacy
is invoiced)
- but this competition is not reflected in prices paid for the purchase of generics
- as the Competition Bureau concludes: "A regulatory and market framework where incentives to supply drug plans more closely reflect the underlying market dynamics could provide significant benefits to drug plans, and in turn to insurers, employers and Canadians".
Competition Bureau Generic Drug Sector Study.pdf (Objet application/pdf)
Wednesday, November 07, 2007
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J. Ryan, here .
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A. Bradford, A. Chilton, and K. Linos, here .
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C. Pattison et al., here.
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Bloomberg, here.
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FE, here. That was soon after South Korea's decision to dump its DMA too. Big Tech in Asia is likely celebrating, with Trump's sup...
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ARD, Tagesschau hier.
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An Indian undertaking filed an antitrust case against Google 15 y. ago and the case is still ongoingFrom this interesting India ASCOLA webinar, hopefully recording available soon. Why was their DMA "frozen"?
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Gtlaw, here .
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