The pricing decisions of generic drug manufacturers
The pricing decisions of generic drug manufacturers
The pricing decisions of generic drug manufacturers
gcu ecn601 week 4 Case Study-Generic Drug Pricing
Using the New York Times article “Defiant, Generic Drug Maker Continues to Raise Prices,” conduct additional research on generic drug manufacturers’ pricing strategies. Analyze the pricing strategies and discuss the following in 750-1,000 words:
Discuss generic drug manufacturers’ pricing decisions.
Examine the impact of competitors and other economic factors on the outcomes of generic drug pricing strategies. What factors influence the benefits and drawbacks of various pricing strategies?
Discuss the social and financial implications of generic
drug pricing decisions for various groups of stakeholders. What would be the
socially optimum pricing strategy for the United States? What would be the
socially optimum pricing strategy globally?
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