Blog

2019

ILC ADOPTS DIRECT-TO-PHARMACY MODEL : BRINGING COST BENEFITS TO CONSUMERS

Traditionally manufacturers sold to wholesalers, who then competed with each other to supply to pharmacies. At every step of this model, there was a 30% price increase. The Direct-to-Pharmacy approach allows companies to sell directly to pharmacies with a 3PL (third party logistics services provider) delivering the medicines on their behalf. Right away, this means … Continued

02 Jan
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A NEW WORLD ORDER?

This month, Chinese President Xi Jinping met with Panamanian President Juan Carlos Varela in Panama City. This was the first ever visit to the country by a Chinese leader, quelling any doubts over China’s solid investment in Latin America and the Caribbean. Over the period of 2015-2019, Beijing has pledged USD500 billion in trade and USD250 billion in direct investment to … Continued

13 Dec
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