What Pharma Should Not Do
Executive SummaryAs drug stocks continue to languish, stock repurchase programs are increasingly popular. They're precisely the wrong thing to do for the long-term health of the drug industry.
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The House passage of a Democratic bill authorizing the federal government to negotiate drug prices in Medicare has sharpened the debate over how prices feed innovation, but the underlying policy stands little chance of being enacted without a Democratic wave in the next election. Pink Sheet's table highlights the key provisions of HR 3 and other pending pricing legislation.