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Everyone Wants a Piece of the Drug Industry …

Don’t just blame drug companies for rising prescription prices. … drug prices are a lot more complicated than pointing the finger at a lone villain.

For a single prescription drug, there are often five companies involved, from development all the way to your medicine cabinet. Each company makes a tidy profit along the way. And as prices increase, so do those profits.

Robert Handfield, Bank of America University Distinguished Professor of Supply Chain Management at Poole College, comments in this story that provides a step by step overview of the drug production pipeline. Read the full story.