Notable Firsts, Foreigner, and Generic DeflationJune 8, 2018
We love ourselves some trivia here at Nephron Research as we’ve chronicled previously on this blog. “Notable Firsts” are a popular trivia category, so we’ve included a few representative questions below to fuel your Friday. Do you think you can you name:
- The first guest host of “Saturday Night Live”?
- Ernest Hemingway’s first published novel?
- The debut single by the English-American rock band Foreigner in 1977?
Good news: the latest edition of Eric Percher’s Nephron Pharma Price Auditor was released this week. It’s a great example of differentiated product made possible by our independent model and novel data partnerships. Notably, we saw Gx deflation ease to -5.9% in the month of May. And while it may “Feel Like the First Time” generic deflation has reached this milestone given recent years’ price volatility, the reality is that its in-line with the historic deflation rate of -4% to -6% that characterized the industry for most of the 2000’s. As Eric mentioned to clients in a follow-up earlier this week, “It remains to be seen whether the new normal for Gx deflation will look anything like the old normal, but today’s data makes clear that manufacturer rationalization initiatives are offsetting the continued elevated pace of approvals at the FDA…At the least, May data makes clear that the peak deflation levels experienced in 2017 are behind us. firstname.lastname@example.org for more.
Trivia Answers: George Carlin, “Old Man and the Sea”, and “Feels Like the First Time”