From managing to mastering GtN: A US pharma strategy for ROI optimization

Published on November 13, 2025

So much value is lost in the space between what pharma companies expect to earn and what they actually realize. In the US, this gross-to-net drag now tops $356 billion, yet many still treat it as accounting, not strategy. It’s time to change that. GtN mastery means making it a core pharma strategy for ROI optimization – spending smarter, not more.

For years, gross-to-net (GtN) has been a back-office calculation in US pharma and biotech pricing strategy. Finance tracks the waterfall, while commercial teams account for a wide range of concessions. But the list keeps growing: rebates and discounts, patient assistance programs (PAPs), wholesaler and distribution fees, and other government and channel discounts. The collective spend creates a GtN drag estimated at more than $356 billion annually, with…

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