Pharma companies say Medicare drug negotiations cost them, but stocks rose

Pharma companies say Medicare drug negotiations cost them, but stocks rose

Touch upon this storyRemark Drugmakers unleashed a broadside on the Inflation Discount Act as Medicare on Tuesday unveiled the primary 10 medication to face worth caps underneath the legislation, however most affected firms gained’t really feel the sting for years. In a single measure of the legislation’s projected impression, seven firms that every personal at…

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China and U.S. must have ‘open’ communication, commerce secretary says

China and U.S. must have ‘open’ communication, commerce secretary says

Touch upon this storyRemark BEIJING — U.S. Commerce Secretary Gina Raimondo stated Monday it was “profoundly vital” that the US and China had a steady financial relationship, grounded in “direct, open and sensible” communication. Raimondo met her Chinese language counterpart, Wang Wentao, in Beijing after arriving within the Chinese language capital Sunday evening, turning into…

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Biden’s course for U.S. trade breaks with Clinton and Obama

Biden’s course for U.S. trade breaks with Clinton and Obama

Touch upon this storyRemark President Biden is making it clear that america’ rejection of full-throttle globalization through the Trump administration was no aberration, as he continues a outstanding break with many years of commerce coverage that spanned each Republican and Democratic administrations. Mixing a tough-on-China stance with lavish federal subsidies for favored industries, the president…

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