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Aside from generics, Boots in the UK used their patent on ibuprofen to dominate their market. I’m always surprised there isn’t more pharmacy-driven research or
by CoolGuySteve 9y ago
Aside from generics, Boots in the UK used their patent on ibuprofen to dominate their market.
I’m always surprised there isn’t more pharmacy-driven research or investment into exclusive over-the-counter medicines to mimic that strategy, or bidding wars to get exclusive pharmacy rights to new drug patents so that firms can get halo effect shopping.
(Not that I endorse this sort of corporate lechery, I’m just surprised, is all)
- refurb 9y agoWhy would a pharmacy care? They typically make a margin on each drug they fill. The more expensive the drug, the more money they make.
- phaemon 9y agoI think you misread that comment. He wasn't talking about the pharmacy making anything cheaper. Quite the contrary.
- refurb 9y agoYou're right I misread it. As for the exclusive pharmacy arrangements, that already happens. Some drugs are only available at one pharmacy. That may mean more business for the pharmacy, but manufacturers also extract more concessions because of it.