
Resources
Optimizing Physical Access and Affordability Challenges for Branded RX Products: 2024 Branded Pricing Landscape and Approaches to Support Access and Affordability
Webinar
August 20, 2024 1:00 PM
Historically, trends in branded product pricing have shown predictable year-over-year increases until a generic entrant entered the market. However, 2024 witnessed an unprecedented proliferation of wholesale acquisition cost (WAC) cuts across the pharmaceutical industry.
In part 2 of our 3-part webinar series, we explored the magnitude of these cuts in comparison with aggregate trends of previous years.
In this webinar, we dived deep into:
- Price Cuts in 2024: Analyzed the extent of branded product price reductions and the factors driving these changes, including regulatory responses, generic launches, and other influential variables.
- Balancing Channels & Affordability: Learned about pricing and physical access strategies that manufacturers can use to manage the needs of different distribution channels while still making products more affordable for patients.
- Optimizing the Product Life Cycle: Discovered key stages within a product’s life cycle where these strategies can be implemented for maximum impact. We will discuss preemptive price cuts and product lifecycle pricing considerations.