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Stock impact report

Drugmakers delay some European launches with a wary eye on Trump's pricing policies 1 / 2 [Yahoo! Finance Canada]

Insmed Incorporated (INSM) 
Last insmed incorporated earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.insmed.com
in Europe as the industry grapples with U.S. pressure and pricing policy shifts from President Donald Trump, according to executives, an industry trade group and data shared with Reuters. The White House has been pushing to lower ?the cost of prescription drugs in the United States, which has traditionally paid significantly more than other wealthy countries. Trump says the industry has been unfair to U.S. consumers and ?has sought to tie the cost for Americans to what is paid elsewhere, including in Europe, known as most-favoured-nation pricing. That has led drugmakers to press pause on bringing some medicines to European markets, where health spending is lower, to avoid pulling ?down prices in the $700 billion U.S. market. It has also created a complex balancing act for CEOs and Europe's healthcare policy makers. "We're seeing first signs of delayed introductions into Europe," said Stefan Oelrich, president of trade body the European Federation of Pharmaceutical Industries and Show less Read more
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