jennifer

• Sep 20th, 2005

 

A recharge of costs

Sarvottam Darshan

• Feb 21st, 2006

 

A process in the  industry where a wholesaler requests an amount that is the difference between the manufacturer's price to the wholesaler and the contract price to the resale customer.

The actual chargeback occurs when the wholesaler sells the manufacturer's product at contract price that is below wholesaler acquisition cost (WAC).

Especially evident in pharmaceutical industry