This should give you the warm fuzzies

http://www.uspharmacist.com/weekly_news_update/nl/39134/

Review of Pharmacy Changes Brands It  “Most Egalitarian Profession”

From the article:

Pharmacists are good substitutes for each other, which leads to more flexibility in work hours and scheduling than in many other professions.

According to these two economists…  they have determined that those of us in our beloved profession have become “generic”

Could this be why you can be “thrown to the curb” at will.. because individually you HAVE NO BRAND ? Your value to the company is not much more than the rest of the fixtures in the store?

And what happens to the price a brand name drug when it goes generic ?

One Response

  1. First, the study is suspect…it comes from Harvard. Second, it was written for the National Bureau of Economic Research. Most of these Harvard economists are really Voodoo doctors. They cannot predict the future any better than Voodoo doctors and tea leaves. The one interesting thing that I did get from the article is the shift from pharmacist owned pharmacies to chain owned pharmacists. I think this was inevitable because of the buying power of the chains and their political influence. But, the shift in pharmacy from mostly men to women has played another role in the demise of the independents. Most women do not want to own their own pharmacy(just my opinion). I am not here to argue whether women or men should be dominant in pharmacy. In fact, I will say that women may be better for chain pharmacy than men. But, men would be, mostly, better at owning an independent pharmacy than women. This is not to say that women cannot manage as well as men, but that women will be taking time out to have children and they will be more family oriented.

    I don’t see anything wrong with pharmacists being considered ‘generic’. I think that has been a fact for a very long time.

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