The Future of Pharma

Author: Samir Gondalia, ISPE Boston

The Future of Pharma with ISPE Boston. Find out where the pharmaceutical industry is headed and what it means for you. Join host Samir Gondalia as he chats with the thought leaders of the pharma world about the new technologies, innovative applications and emerging markets and how its going to influence the future of Pharma.
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Language: en

Genres: Health & Fitness, Medicine, Science

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Episode 32 - Vinay Patel and the Invisible Factors Impacting Drug Prices at Pharmacies
Thursday, 17 April, 2025

My guest in this episode is Vinay Patel. Vinay is a pharmacist executive with over 18 years in the field and founder of MakoRx. He has been involved with health management, community pharmacy operations, and creating pharmacy services. Vinay has worked in various pharmacy settings including national retail, local community, hospital pharmacy, academia, and group medical practices. His efforts now focus on scaling clinical pharmacy services within employer on-site clinics and bringing employers innovative Rx savings programs. Usually, I interview leaders from the pharmaceutical world, but this was the first time I talked to someone about what happens to the drugs after they leave pharma companies. If you're curious about the drug prices in the USA, I guarantee that you'll find this discussion very enlightening. In this chat, Vinay and I talk about - The pharmacy network in the USA - How drugs reach from pharma companies to patients - Why same drugs cost vary at different pharmacies - Why drug prices have increased over the past 20 years - Why pharma companies are not responsible for the drug prices you pay (and who is) - What should the future of pharmacy look like - The role technology will play in drug distribution and - Advice for an aspiring healthcare entrepreneur. This interview with Vinay was as informative and educational as I hoped it would be. I hope you'll appreciate learning about your medicines' supply chain and costs. Here's my guest - Vinay Patel.