June 05, 2006

Article: Drugstore Cowboys

The June issue of Philadelphia Magazine has a very interesting article regarding “chain”pharmacies, the costs of drugs, and 2 entrepreneurs who have had it with the system (title: “Drugstore Cowboys”, p. 96, available in paper in Vairo Library, or soon to be on ProQuest).

Two pharmacists, who met while working together at another pharmacy, were sick and tired of the drug companies and chain pharmacies making deals and profits that left even the insured paying way too much for their medicine. They decided to open their own pharmacy, not make any deals with big companies, and undercut everyone’s prices in hopes of people flocking to them instead of the chain stores. It almost sounds too good to be true. The low prices are true, but of course there is a small twist to this perfect story. Read the article to find out what it is. If nothing else, this article provides details about how the pharmaceutical industry and chain pharmacies operate, details that many consumers don't realize or think about.

Posted by at June 5, 2006 06:19 PM