The specialty pharmacy industry is flourishing, as a flood of new manufacturers, pharmacies, and health care providers seek to break into the specialty world. During the Specialty Pharmaceuticals and Pharmacy: Today, Tomorrow, and Beyond session at the Asembia Specialty Pharmacy Summit 2017, speaker Adam Fein, PhD, president, Pembroke Consulting, Inc, drew a parallel between the rapid growth of the conference and the boom in the specialty landscape.

Specialty drugs comprise a large amount of prescription drug revenue and that trend is expected to continue as new drugs are approved. Both retail and non-traditional competitors—such as health systems and integrated delivery networks—have expressed interest in selling specialty drugs, Dr Fein noted during the session. Unsurprisingly, a majority of accredited specialty pharmacies are independents, followed by health care providers, and pharmacy benefit managers/health plans, according to Dr Fein.

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