article thumbnail

Branded Drugs are upside down

Ramblings of a pharmacist

If you walk into an independent pharmacy and ask them how much money they make on branded drugs, you’ll probably hear several curses about PBMs (and maybe about wholesalers). This is because the market for branded drugs is upside down for pharmacies. to 3.25% of WAC. regardless of your cost of goods.

article thumbnail

4. Financial Wellness and the Medical School Cost Dilemma with Dr. Tim Ulbrich

The Physician Pharmacist

So I started pharmacy school in 2002. I went to a direct entry 06 program and finished in 2008 from Ohio Northern University. And I had a guidance counselor said hey, have you thought about pharmacy? This was back in 2008 2009, I was making a whopping resident salary of $31,000. Tim Ulbrich Yeah, that's right.