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Generic Drugs.

  • 21-03-2011 7:59pm
    #1
    Marvic
    Registered Users, Registered Users 2 Posts: 14 ✭


    A question regarding Chemist charges. As i understand it a Chemist charges a mark up on a prescription product plus a dispensing fee. So when it comes to Generic - cheaper drugs will it not be the case that the mark up is less for the Chemist and would actually lead to a loss of revenue.
    So in other words cheaper drugs for Joe Public equals less profit so promoting generics is not good business.
    Is this a fair summary of the situation.


Comments

  • #2
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,806 ✭✭✭GerardKeating


    Marvic wrote: »
    A question regarding Chemist charges. As i understand it a Chemist charges a mark up on a prescription product plus a dispensing fee. So when it comes to Generic - cheaper drugs will it not be the case that the mark up is less for the Chemist and would actually lead to a loss of revenue.
    So in other words cheaper drugs for Joe Public equals less profit so promoting generics is not good business.
    Is this a fair summary of the situation.

    Or maybe if the difference between the generic and branded version is very large, they can get away with a bigger mark up.


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