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Stock impact report

Several top drugmakers to lower US prices for some drugs-sources [Yahoo! Finance]

AstraZeneca PLC - American Depositary Shares (AZN) 
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm Check Earnings Report
US:NYSE Investor Relations: astrazeneca.com/investor-relations.html
Company Research Source: Yahoo! Finance
are expected on Friday afternoon ?to announce agreements with the U.S. government to lower certain prescription drug prices, ?according to sources familiar with the situation. Switzerland-based Novartis and Roche are also expected to announce deals, Bloomberg ?News reported on Wednesday. Reuters previously reported that AbbVie was among the companies. In July, Trump sent letters to leaders of 17 major pharmaceutical companies, outlining how they should provide so-called most-favored-nation prices to the U.S. government's Medicaid health program for low-income people, and guarantee ?that new drugs will not be ?launched at prices above those in other high-income countries. So far five companies have struck deals with the administration to rein in prices. ?They are Pfizer, Eli Lilly, AstraZeneca, Novo Nordisk and EMD Serono, the U.S. division of Germany's Merck KGaA. The remaining 12 are Sanofi, Regeneron, Merck, Johnson & Johnson, AbbVie, Amgen, Gilead, Boehringer Ingelheim, Bri Show less Read more
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