MYX 3.00% $4.81 mayne pharma group limited

Trump flips on US pharma prices

  1. 2,182 Posts.
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    Yes, high drug prices are an issue but at least there's some certainty that wholesale cuts in prices through Medicare/Medicade price negotiation are off the table (for the moment?) and the risk-reward equation as determined by market forces will prevail, which will ensure investment in R&D to bring new drugs and generics to market. (No wonder someone ploughed $A10M into MYX late on Friday)

    http://www.chicagotribune.com/business/ct-trump-drug-costs-20170202-story.html

    http://www.vox.com/policy-and-politics/2017/1/31/14453740/trump-medicare-prescription-drugs
 
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