Joey Mattingly

2 weeks ago | drugtopics.com | Brian Nowosielski |Marta Wosinska |Joey Mattingly

As their impacts on American businesses are still being understood, the potential role US tariffs may play within the US pharmaceutical market could have detrimental impact on both patients as well as the pharmacies and pharmacists that dispense medications. “If there's a tariff, somebody is going to have to absorb it. Somebody is going to have to pay for it,” said Marta Wosinska, PhD, senior fellow with The Brookings Institution. “The question [is] who is it going to be?

3 weeks ago | drugtopics.com | Brian Nowosielski |Marta Wosinska |Joey Mattingly

While not yet imposed—and with great uncertainty regarding widespread implementation—many pharmacy industry experts are scrambling to understand the true impact of pharmaceutical tariffs should they be enacted. However, until they are widespread across the country, experts are urging pharmacies to advocate against these tariffs while also preparing for their implementation.

4 weeks ago | drugtopics.com | Brian Nowosielski |Marta Wosinska |Joey Mattingly

When it comes to the US imposing tariffs within any sector of American business, there are specific entities that will be forced to absorb costs and essentially lose money. In the case of pharmaceuticals, tariffs could cause immense jumps in drug prices, in turn, creating a greater challenge for pharmacies to stay financially sustainable and keep their necessary inventory in optimal supply. “If there's a tariff, somebody is going to have to absorb it.