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About Supply Chain - Alt 3
The document discusses the differences between the generic and branded drug supply chains in the United States. It notes that while both involve similar stakeholders, there are different financial incentives for each. Specifically: - Generics account for 89% of all prescriptions but only 26% of costs, while brands are less common but account for most spending. - In the generic market, the manufacturer receives 36% of revenue whereas in the branded market it receives over 76%. Other parts of the supply chain, like wholesalers and pharmacies, capture more of the revenue in the generic market. - These differences are largely due to branded drugs involving significant research investment while generics have multiple competitors, driving prices down over time. Policymakers
Detailed Information
| Author: | ['sriram.srikanth'] |
|---|---|
| Publication Year: | 2023 |
| Pages: | 8 |
| Language: | English |
| Format: | |
| Price: | FREE |
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