Cheryl Larson, president and CEO of Midwest Business Group on Health, said employers are worried that the consolidation of healthcare companies will lead to higher costs for employers and patients. She made her comments following McKesson's announcement that it has agreed to acquire Rx Savings Solutions, but declined to speak specifically about the deal.
The contracts are complicated and full of risks for drug companies. But there's also a risk to steering clear of the arrangements -- reduced or restricted access to a company's medication.
Canada has a proud history of achievement in the areas of science and technology, and the field of biomanufacturing and life sciences is no exception.
In a recent phone interview, pharmacist Michael Rea explained why he founded Rx Savings Solutions, its goals for the year ahead and its $18.4 million funding round led by McCarthy Capital.