AJMC January 10, 2025
Key Takeaways
- The US pharmaceutical market is the largest globally, with high drug spending and profitability, influenced by market competition rather than government pricing controls.
- The 340B program’s effectiveness is questioned, with states enacting laws to ensure discounted drug sales to contract pharmacies, amid unclear financial benefits for patient care.
- Legal actions against PBMs target anticompetitive practices, aiming to reduce drug prices and improve transparency, prompting a shift towards more transparent PBM models.
- Biosimilars and transparent pricing models, like Mark Cuban’s Cost Plus Drug Company, are disrupting traditional drug pricing, enhancing affordability and accessibility for patients.
The pharmaceutical landscape enters 2025 with a mix of challenges and opportunities, with the potential to shape the future of drug access...