Trump: Requires European pharmaceutical companies to lower drug prices, bring US consumers' drug prices down to the lowest level of developed countries! GlaxoSmithKline, AstraZeneca, Novartis, and Nordmark's stock prices plummet!
Glon8 August 1st | On Thursday, US President Trump sent a letter to European pharmaceutical companies, requiring them to bring the drug prices of US consumers down to the lowest level of developed
Glon8 August 1st | On Thursday, US President Trump sent a letter to European pharmaceutical companies, requiring them to bring the drug prices of US consumers down to the lowest level of developed countries, causing European pharmaceutical companies' stock prices to fall in early trading. GlaxoSmithKline, AstraZeneca, Novartis, and Nordmark's stock prices fell by 1.7%, 2.8%, 4.2%, and 1.2%, respectively, with Nordmark's stock price plummeting to a four-year low. The Stoxx Europe 600 Healthcare Index fell 1.8%.
