Drug Trade Will get Delicate Remedy From Congress

Wall Highway shouldn’t be thrilled about this week’s agreement amongst Democrats on a plan to lower the worth of prescribed drugs. Nevertheless it removes the specter of 1 factor which may be rather more damaging to pharmaceutical merchants.

The settlement, which is backed by the White Dwelling, would empower Medicare to barter the price of high-priced medication whose market exclusivity granted by regulators has expired. This locations long-term product sales of blockbuster medication identical to the blood thinner Eliquis or essentially the most cancers drug Keytruda in peril. | Drug Commerce Will get Delicate Treatment From Congress

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