A bottle of Asacol, a drug for controlling intestinal inflammation, is more expensive than a bottle of

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A bottle of Asacol, a drug for controlling intestinal inflammation, is more expensive than a bottle of the same drug as a generic product. Consumers accuse pharmaceutical manufacturers of unfair markups when the brand price is compared to the lower price of the generic product. As a marketer at a pharmaceutical company, how would you defend the higher prices for your company's branded products?
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Marketing An Introduction

ISBN: 978-0133581584

5th Canadian edition

Authors: Philip Kotler, Valerie Trifts, Lilly Gary Armstrong

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