The Pharmacy Benefit Manger (PBM) industry, which is a critical player in transactions that facilitate the pricing and reimbursement of prescription drugs, has experienced a high level of vertical integration and aggregation of market power. Rujul Desai, Partner, Covington & Burling LLP, and Kendra Roberson, Partner, Faegre Drinker Biddle & Reath LLP, discuss the rise of PBMs and their role in drug pricing and the increasing scrutiny of the industry at the federal and state levels. Rujul and Kendra are co-authors of AHLA’s brand-new publication, Market Access, Pricing, and Reimbursement of Drugs and Devices: Legal Principles and Practice.
Watch the conversation here.
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