Your email has been successfully added to our mailing list.

×
0.000150966183574742 7.5483091787371E-05 0.000377415458937069 -7.54830917875855E-05 0.000377415458937069 0.000679347826086768 0.00128321256038638 0.00135869565217375
Stock impact report

AstraZeneca sues Arkansas to block drug-discount program [Reuters]

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: Reuters
a federal drug-discount program to include for-profit pharmacy chains such as CVS and Walgreens. The Anglo-Swedish drugmaker's lawsuit , opens new tab , filed in Little Rock federal court on Monday against the Arkansas insurance department, said the state measure violates provisions of the U.S. Constitution and federal patent law. State price caps on patented goods are prohibited under federal law, AstraZeneca's lawsuit said. It also said the state-mandated discounts violate the constitutional bar on unlawful government "takings" of private property. AstraZeneca did not immediately respond to a request for comment. Arkansas said it will challenge the lawsuit. Under federal law, drugmakers provide discounts to a specific list of “covered” healthcare providers that serve low-income populations under the federal 340B drug program. Participation in the program is required in order for pharma companies to receive funds from programs such as Medicare and Medicaid. For-profit chain Show less Read more
Impact Snapshot
Event Time:
AZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AZN alerts
Opt-in for
AZN alerts

from News Quantified
Opt-in for
AZN alerts

from News Quantified