Trump is coming after all drugs so regardless of fact that only sells in the US RFK could order the price drop, HEalthDept may see this as situation as unfair to purpose of Order. They just have not wroked out the details of ramifications of their plan. So who knows. Further Neuren will obviously want to expand to global markets so how it handles price in that global stn remains to be seen.Will be pushback from Gvt's if price inflexible and high.
Just watched Meet the Press NBC for latest comments by PhRMA . It has made it clear it does not like the order and would prefer Trump to concentrate on US insurers and the middleman.Drump meeting with industry very soon . Sadly he loves carnivorous, rabid, strongman sound bytes. The old "other countries r taking advantage of us rhetoric " is very propular with MAGA base. Biden dumped Trumps last proposal that was only relevant to some medicare costs and instead Congress passed legislation allowing the US Gvt just like we do, to negotiate price directly with Drug Company, for those drugs . Legally would have been easier for Trump to just extend this legislation.
NEU Price at posting:
$12.02 Sentiment: Buy Disclosure: Held
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