Lilly, AZ, AbbVie and J&J face big potential hit from Medicare pricing bill: analysts

Lilly, AZ, AbbVie and J&J face big potential hit from Medicare pricing bill: analysts

Source: 
Fierce Pharma
snippet: 

Among big drugmakers, Eli Lilly, AstraZeneca, AbbVie and Johnson & Johnson are particularly exposed to the current Medicare negotiation proposal, analysts with SVB Securities wrote in a Friday note to clients. The companies sell a mix of lucrative oncology and diabetes medicines in Medicare.