Forbes -
28 Aug 2015 19:34

While generic prices are still increasing, fewer drugs have increased in price and also by lower amounts in Q2 2015 than they did an year ago. The pace of FDA approvals for generic drugs has also picked up in 2015 and could ease the inflation if the trend continues. It is an encouraging sign for all the pharmacy chains, especially Rite Aid, whose margins are much lower than key competitors, Walgreens and CVS Health, mainly due to smaller scale and lower bargaining power with drug manufacturers. ...
Share this Article