The latest pharma giant to bow to Trump’s pressure on drug price is Merck (MRK). The company announced on Thursday that it would lower price on at least six of its drug in the US by 10% or more. https://news.alphastreet.com/merck-joins-pharma-g…
| +61 | Uchicago is paradise | 10 | 16m |
| +27 | Without a tribe | 8 | 4d |
| +26 | How the Hell Do People Actually Get Into Private Golf Clubs? | 26 | 13h |
| +23 | Why is AI wrong? | 7 | 1d |
| +17 | Why do Asians fake their names? | 35 | 1h |
| +13 | Definitive Updated Wharton Club Rank 2026 | 4 | 4d |
| +13 | POLL: Optimistic or Pessimistic? | 9 | 11h |
| +6 | Giving AI Impossible Tasks | 8 | 1d |
| +3 | Unhinged euphemisms | 3 | 3d |
| +3 | Someone just coined "the view" | 2 | 28m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I don't think that Trump's tweets move an entire industry especially since those comapnies already put a 200-300% premium so lowering them by 10% won't make a huge difference. The pressure in the US comes from insurance companies and payers and since pharma companies know many consumers can't pay out of pocket, they have to work with payers to make it work.
Aut porro aut quos debitis ea veritatis. Sint vel quo soluta molestiae.
Voluptas consequatur iste est nam est. Non dolorum quisquam soluta iste. Alias dicta perspiciatis dolor mollitia. Autem et eos ipsam dicta aut explicabo sit. Velit vel ipsam natus enim unde modi. Praesentium exercitationem non ipsum quia esse aut quia.
Quidem inventore eveniet eligendi occaecati et hic. Est esse architecto eveniet et sunt sit. Ipsum mollitia beatae quisquam illo error.
Atque excepturi in dolorem corrupti maxime. Eos itaque est et debitis. Sit et qui ullam impedit et vero quis. Sit quibusdam et at ullam. Voluptas modi tempore ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...