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This Week in Startups
E980: The Next Unicorns: Alto Pharmacy CEO & Co-founder Mattieu Gamache-Asselin is working to fix the broken US pharmacy system by removing friction & aligning incentives among patients, doctors & insurers, shares insights on trading short-term profits for long-term success, combating the opioid cri
Sep 25, 2019
01:19:06
Snipd AI
Alto Pharmacy CEO & Co-founder, Mattieu Gamache-Asselin, shares insights on fixing the broken US pharmacy system, aligning incentives among patients, doctors & insurers. They discuss building a 1.0 version of their pharmacy, combating the opioid crisis, and trading short-term profits for long-term success. The podcast covers scaling Alto Pharmacy, challenges in the US healthcare system, and the responsibilities in the opioid crisis. They also touch on the importance of operational excellence, the significance of starting a company, and the dangers of prioritizing short-term gains over long-term success.
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Quick takeaways
- The responsibility for the opioid crisis lies with everyone in the supply chain, including manufacturers, doctors, and pharmacies.
- Alto Pharmacy has achieved significant revenue growth by focusing on mastering the economics and growth model before expanding nationwide.
Deep dives
The Responsibility of Pharmacists in the Opioid Crisis
In the opioid crisis, the responsibility for the overprescribing of opioids and the resulting addiction and harm lies with everyone in the supply chain, including the manufacturers, marketers, doctors, and pharmacies. The manufacturer should not have marketed and produced such a powerful and addictive drug like OxyContin with misleading advertising. Doctors should not have prescribed opioids excessively or irresponsibly. Pharmacies, including pharmacists, should have been more vigilant in identifying suspicious or excessive prescriptions and should have taken steps to prevent their abuse. The responsibility lies with the entire supply chain to ensure that these powerful pharmaceuticals are used responsibly and with caution.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode