Generic drug manufacturers have pursued various pricing strategies that impact stakeholders. Pricing decisions consider competitor actions and economic factors, which influence the advantages and disadvantages of different approaches. Strategies that maximize profits may negatively impact consumers and healthcare systems. The socially optimal strategy in the United States would balance pharmaceutical access and affordability with allowing reasonable profits. A global strategy would require consideration of economic disparities across countries.

1. Decisions of generic drug manufacturers
Decisions of generic drug manufacturersDecisions of generic drug manufacturers*Using the
New York Times article, “Defiant, Generic Drug Maker Continues to Raise Prices,” conduct
further research on the pricing strategies of generic drug manufacturers. In 750-1,000
words, analyze the pricing strategies and discuss the following:1.Discuss the pricing
decisions of generic drug manufacturers.2.Evaluate the impact competitors and additional
economic factors have on the results of the generic drug pricing strategies. What factors
contribute to the advantages and disadvantages of various pricing strategies?3.Discuss the
social and financial implications of generic drug pricing decisions for various groups of
stakeholders. What would be the socially optimum pricing strategy for the United States?
What would be the socially optimum pricing strategy globally?**You are required to use at
least three academic references to support your reasoning for the team selection
process.***Prepare this assignment according to the APA guidelines.****You will be graded
on:1. Pricing Decision of Generic Drug Manufacturers: A discussion of the pricing decisions
of generic drug manufacturers is extremely through and includes substantial supporting
details.ORDER NOW FOR CUSTOMIZED, PLAGIARISM-FREE PAPERS2. Competitor Impact
and Additional Economic Factors on Pricing Strategies: An evaluation and description of the
impact of competitors and additional economic factors on generic drug pricing strategies
are extremely through and include substantial supporting details.3. Advantages and
Disadvantages of Various Pricing Strategies: A description of the advantages and
disadvantages of various pricing strategies is extremely through and includes substantial
supporting details. Decisions of generic drug manufacturers4. Social and Financial
Implications of Generic Drug Pricing Decision for Various Groups of Stakeholders: A
description of the social and financial implications of generic drug pricing for various
groups of stakeholders is extremely through and includes substantial supporting details.5.
Socially Optimum Pricing Strategies for the United States and other Countries: A description
of socially optimum pricing strategies for the United States and other countries is extremely
through and includes substantial supporting details.6. Thesis Development and Purpose:
Thesis is comprehensive and contains the essence of the paper. Thesis statement makes the
purpose of the paper clear.7. Argument Logic and Construction: Clear and convincing
argument that presents a persuasive claim in a distinctive and compelling manner. All
sources are authoritative.8. Mechanics of Writing (includes spelling, punctuation, grammar,
language use): Writer is clearly in command of standard, written, academic English.Defiant,
Generic Drug Maker Continues to Raise PricesRead “Defiant, Generic Drug Maker Continues

2. to Raise Prices,” by Morgenson, from the New York Times
(2017).https://www.nytimes.com/2017/04/14/business/lannett-drug-price-hike-
bedrosian.html