Category Archives: Business of the drug industry

Old pharma thinking will doom the industry

thinking and results feedbackKEY TAKEAWAY: If pharma CEO’s are celebrating the election of Donald Trump they are making a huge mistake.  Now is the time to start looking forward to prepare the organization for changes that have to be implemented in order for pharma companies to thrive and survive.  Old thinking and strategies are only good for CEO’s who want to maximize their compensation before bailing out. Continue reading

It’s time for action on prescription drug prices

May-LogoKEY TAKEAWAY: Prescription drug prices jumped 38 percent in the last 10 years, compared to an 18 percent increase in general inflation, according to the Bureau of Labor Statistics. It’s time to let Medicare negotiate prescription drug prices like Canada and Britain, which do negotiate with drug makers. Continue reading