Drug companies file suit to block disclosure of drug prices in TV ads [Seeking Alpha]
Amgen Inc. (AMGN)
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Source: Seeking Alpha
Drug companies file suit to block disclosure of drug prices in TV ads - Amgen Inc. (NASDAQ:AMGN) | Seeking Alpha Healthcare Drug companies file suit to block disclosure of drug prices in TV ads Jun. 14, 2019 6:16 PM ET | Amgen Inc. (AMGN) Carl Surran Drugmakers Amgen (NASDAQ: MRK LLY filed a lawsuit A new regulation from the U.S. Department of Health and Human Services set to take effect in July is part of the government's efforts to bring down costs for consumers, but the companies oppose the proposed rule, saying list prices do not reflect the final price paid by patients as it excludes rebates and discounts drugmakers may offer. The rule "mandates an approach that fails to account for differences among insurance, treatments and patients themselves, by requiring disclosure of list price," AMGN says. Click to subscribe to real-time analytics on AMGN Now read: Bulletproof Investing Performance Update: Week 81 » Subscribe
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News
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- Amgen Inc. (NASDAQ: AMGN) had its price target lowered by analysts at UBS Group AG from $314.00 to $284.00. They now have a "neutral" rating on the stock.MarketBeat
AMGN
Earnings
- 2/6/24 - Beat
AMGN
Sec Filings
- 4/17/24 - Form DEFA14A
- 4/17/24 - Form DEF
- 4/10/24 - Form ARS
- AMGN's page on the SEC website