Price Competition Between Wholesale & Pharmaceutical Companies Reaches Dangerous Level

Published: 2001-10-24 06:59:00

Updated: 2001-10-24 06:59:00

The fight for survival in the pharmaceutical industry is getting more intense after some wholesale companies initiated a self-destructive kind of competition by sending out 'dumping sale lists', and both pharmaceutical companies and pharmacies seem to encourage this activity.

By establishing unplayable partnerships such as the case between wholesale companies and pharmaceutical companies, wh...

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