Part D affecting pharma cos

November 2006
Pharmaceutical Representative;Nov2006, Vol. 36 Issue 11, p12
The article focuses on the effect of Medicare Part D (Medicare prescription drug coverage) on 10 pharmaceutical companies' sales in the U.S. Research show that the impact varies greatly, since the Medicare Part D pays as little as 5.5% of prescriptions for Johnson & Johnson, and as much as 13.6% of New York-based Bristol-Myers Squibb's products. It is inferred that out of 10 companies, only 6 have the above national average of 8.5% from January to July 2006 for Part D prescriptions.


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