On Friday, Trump announced his plans for driving drug costs down. I find that the video link below for an interview with the Health and Human Services Secretary Alex Azar gives the best understanding of what this involves.
https://www.bloomberg.com/news/vide...ng-for-fundamental-shift-in-drug-system-video
Part of the plan to drive drug prices down is to increase the use of generics in the USA. This should be positive for MYX.
The other aspect that may be relevant, is to prevent foreign countries avoiding high priced drugs and keeping pressure on drug suppliers to provide lower cost drugs. Although this initiative will be aimed at drug purchasing authorities, if it leads to increased use of proprietary drugs in places like Australia and New Zealand, then this may decrease the use of generics in such countries and so impact MYX negatively.
I thought MYX SP may have increased today following Trump's announcement but so far no reaction.
Trump's Initiative on Drug Pricing
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