Pharmaceutical Prices Will Increase 6% In 2005, Cardinal Expects
This article was originally published in The Pink Sheet Daily
Executive Summary
Cardinal predicts that prices for pharmaceutical products will increase an average of 6% in 2005
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Cardinal Expects More Frequent, But Smaller, Price Increases Through 2005
The transition to a fee-for-service model will prevent Cardinal from taking advantage of the more frequent price increases that are expected in the second half of the year, CEO Walter says. Cardinal expects that 85% of its vendor margins will come from manufacturers under fee-for-service contracts by mid-year.
Cardinal Expects More Frequent, But Smaller, Price Increases Through 2005
The transition to a fee-for-service model will prevent Cardinal from taking advantage of the more frequent price increases that are expected in the second half of the year, CEO Walter says. Cardinal expects that 85% of its vendor margins will come from manufacturers under fee-for-service contracts by mid-year.
Pfizer Price Increases Reassure Cardinal
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