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The Pharmaceutical Journal
Vol 271 No 7267 p366
20 September 2003

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Letters

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Letters to the Editor

Pharmaceutical Press

Can cost of books be justified?

From Mr J. D. Jenkins, MRPharmS

I write as a retired member of the Royal Pharmaceutical Society who, like many of my colleagues, keeps abreast of pharmaceutical matters because I have a lifetime’s interest and not because I am compelled to do so in order to maintain my status and self esteem.

What concerns me is the ever increasing cost of books published by the Pharmaceutical Press, in particular, the title ‘Chronotherapeutics’, issued this month. This is a subject that has interested me for many years and in my opinion is one that pharmacy should fully explore and use as an enhancement to our profession. This is an area where we can lead the way.

Although I recognise that the Pharmaceutical Press is a commercial organisation, and has to show a profit, I wonder how it can justify charging £75 for this latest book.

Surely the current pricing policy will discourage the purchase of such volumes and counter one facet of continuing professional development.

David Jenkins
Leeds

 

Charles Fry, director of publications, Royal Pharmaceutical Society, replies:

The Pharmaceutical Press provides financial support for many of the Society’s activities. To achieve this it has to act in a commercially responsible manner and generate the greatest return on investment for the least amount of risk. A carefully considered print and price strategy is an essential part of this.

For individual titles, the print run and price decision is determined by a variety of factors including the size and nature of the market, competition and publication costs. Bearing in mind that the Society is not in a position to take great risks with its publishing, decisions are usually conservative. For some publications, particularly the more specialised ones, this may mean setting a price which is beyond the budget of most individual purchasers.

However we are well aware that the aim of the Society’s publishing activities is not solely directed towards making a financial contribution. The provision of high quality information about and for the profession of pharmacy is also important. Within the commercial constraints imposed upon us we try to ensure that members are able to afford Pharmaceutical Press publications. To this end we frequently run special promotions to members, particularly for major publications such as Martindale. There is also an annual book sale offering substantial discounts on published prices. For those who are reluctant to purchase, the library enables members to borrow copies of books, including those of the Pharmaceutical Press.

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