14min chapter

Nikonomics - The Economics of Small Business cover image

78 - Selling Drugs, Vending Machines and Stripping Bankrupt Companies for Parts with Chris Koerner

Nikonomics - The Economics of Small Business

CHAPTER

Navigating Pharmacy Benefits Management

This chapter explores the role of pharmacy benefit managers (PBMs) in drug price negotiations, emphasizing the high costs and complexities involved in pharmaceuticals. It introduces Cost Plus Drugs as a transparent alternative approach to managing pharmacy costs, while discussing the potential savings for companies through renegotiated formulary strategies. The conversation also touches on entrepreneurial opportunities in pharmacy negotiations and concludes with a light-hearted segment evaluating various business ideas.

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