Wednesday, October 11, 2017

Thanks, California! SB17 Will Trigger Massive Speculative Buying, Windfall Pharmacy Profits, and Supply Chain Disruption - Drug Channels

Updated April 7, 2019
You might have been searching for Texas SB17:

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California SB17 - An Analysis

Read the full article:  Drug Channels: Thanks, California! SB17 Will Trigger Massive Speculative Buying, Windfall Pharmacy Profits, and Supply Chain Disruption:

"As I explain in Section 4.6.2. of our new 2017–18 Economic Report on Pharmaceutical Wholesalers and Specialty Distributors, drug wholesalers will benefit very little from the new law’s advance purchasing of inventory.

That’s because inventory profits are eliminated by almost all manufacturer-wholesaler distribution service agreements. Manufacturers typically negotiate agreements that recapture the value of price appreciation on inventory held in wholesalers’ warehouses and on order with the manufacturer. If a manufacturer recaptures the full inventory appreciation value, then a wholesaler does not benefit from buying inventory at the old price and then selling it at the new, higher price."

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California Designated Representative Training Courses (wholesaler; 3PL) - Approved by the California State Board of Pharmacy
Training programs for California Designated Representative license applicants. 
Drug wholesalers and 3PLs can earn a training affidavit.

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For Designated Representative license applicants  -  Training programs, courses, classes, seminars:

     California (earn a training affidavit):
     Florida:

For HMDR Exemptee license applicants  -  Training programs, courses, classes, seminars:

     California (earn a training completion certificate):

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