Pharmaceutical Executive May 3, 2024
In this Pharmaceutical Executive video interview, Jesse Mendelsohn, senior vice president at Model N, talks about the influence of Medicare Part D drug price negotiations on manufacturer go-to-market strategies and decision-making, and the industry’s response to the wider dialogue on pricing transparency.
PE: In Model N’s State of Revenue Report, many executives surveyed said they expect a significant impact from Medicare Part D drug price negotiations as part of the Inflation Reduction Act. How are companies preparing for this—and other changes aimed at more pricing transparency—in their go-to-market and commercial planning?
Mendolsohn: Obviously, for companies who have drugs on the “list” that are soon going to be subjected to maximum fair price under Medicare, there’s going to be an impact....