Moody’s Downgrades Banks, Pharma Stocks Surge, UPS Cuts Forecast 8/8/23
Squawk on the Street
00:00
The Future of Vaccines
The FTC is blocking the merger of Amgen and Horizon Pharmaceuticals. Eli Lilly has now got a market cap that FARC seeds any other pharma companies result of, according to CNN's John Defterios. The IRS can negotiate pricing with drugs in certain instances; does that make sense? And you know what shows the value, I think, to a certain extent of all the science and what the IRS is doing. But listen, good day for pharma overall.
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