Drugmakers’ Share of Spending Fall, Industry-Funded Report Says

Drugmakers’ Share of Spending Fall, Industry-Funded Report Says

“The report “shows something that we’ve been saying all along: that payers have been demanding and getting bigger and bigger discounts and rebates as drug prices rise,” said Mark Merritt, CEO of the Pharmaceutical Care Management Association, an industry association that represents PBMs. While individual clients of PBMs can get rebate information, Merritt said that it would undermine competition in the market to publicize detailed information on rebate amount.