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Tue news: Pfizer explores sale of hospital drugs unit. FDA declines full approval of Ocaliva. AZ better than expected Q3 results. Pfizer, Lilly telehealth platforms draw scrutiny. 23andMe cutting lays off 40%. See more on our front page

Pharma benefited from basing business overseas. An international tax effort could spur a...

Thread starter cafead
Start date Nov 28, 2023

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cafead

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cafead Nov 28, 2023 at 10:33: AM

cafead

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via U.S. tax law changes six years ago slashed pharma companies’ rates and saved them billions. Now, a push for an international tax floor could disrupt their accounting.

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