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In the United States, the average wholesale price (AWP) is a prescription drug term referring to the average price for medications offered at the wholesale level. [1] The metric was originally intended to convey real pricing information to third-party payers, including government prescription drug programs.
The price of a pharmaceutical drug can depend on many factors: list price, wholesale price, average wholesale price (pharmaceuticals), rebates, supplemental rebates, markups from hospitals, markups for physicians, drug price for inpatients versus outpatients, formulary (pharmacy) tiers, mail order price, biosimilar prices, "patent expirations ...
They also provide pharmaceuticals and pharmacy services to long-term care, workers' compensation and specialty drug patients. AmerisourceBergen handles about 20% of all of the pharmaceuticals sold and distributed throughout the United States and ranked 10th on the Fortune 500 list for 2020 with over $179 billion in annual revenue.
Well, when we published the price list of what started as 100-plus drugs and now is 2,500 medications, all of a sudden there was a benchmark that everybody could compare.
The top 25 pharmacy chain stores represent about 38,000 pharmacy locations in the U.S. and employ about 149,000 on-staff pharmacists. California has 8,015 pharmacies, the most of any state. Texas , Florida , New York , and Pennsylvania round out the top five states for pharmacy locations. [ 1 ]
The following is a list of countries by pharmaceutical exports.. Global sales from exported drugs and medicines by country total US$371.3 billion in 2018. Overall the value of drugs and medicine exports grew by an average 5.80% for all exporting countries since 2014 when drugs and medicines shipments were valued at $344.1 billion.
Drug Fair (company liquidated in 2009, assets purchased by Walgreens) Eckerd (acquired by Rite Aid in 2007) Fay's Drug (purchased by JC Penney and rebranded as Eckerd in 1997) Farmacias El Amal; Fred's (company liquidated in 2019) GO Guy (purchased by Pay'n'Save in 1987) Genovese Drug Stores (acquired by Eckerd parent JC Penney in 1998 ...
Wholesale acquisition cost is the price of a medication set by a pharmaceutical manufacturer in the United States when selling to a wholesaler. [1] Generally 20% is added to create the average wholesale price .