Can Big Pharma and PBMs Coexist, or Are Costs Squeezing Them Out?

<p>Big Pharma, representing pharmaceutical manufacturers, plays a pivotal role in drug discovery, development, and production. Its innovations have led to life-saving treatments and groundbreaking therapies, yet the industry is often criticized for its pricing strategies and perceived lack of transparency.</p> <p>Conversely, PBMs are intermediaries between health insurers, pharmaceutical companies, and pharmacies. Their primary role is negotiating drug prices, managing formularies, and processing prescription claims. PBMs leverage their bargaining power to secure favorable pricing for insurers and employers, ostensibly driving down consumer costs.</p> <p><a href="https://richardameyer.medium.com/can-big-pharma-and-pbms-coexist-or-are-costs-squeezing-them-out-741d96225675"><strong>Click Here</strong></a></p>