Investors shrug off drug price talks' effects

cafead

Administrator
Staff member
  • cafead   Aug 19, 2024 at 10:13: AM
via Unless you were under a rock, you saw Thursday's news that Medicare negotiated a better deal than the private market for some of the program's top-selling drugs.

Why it matters: So what? How meaningful is that difference, and what will the longer-term effects be?

Some seniors will likely pay less out of pocket for drugs (that's a whole different topic), and that obviously matters to patients. But how pharma interprets the negotiated prices and reacts to them will have a huge impact on future drug development.

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