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Last week, lowered prices were announced for the ten drugs subject to price negotiations under the Inflation Reduction Act. The average savings across the ten drugs was 66%. We can now begin to assess the impact of the IRA and what the impact on Big Pharma will be with these lowered prices. As Professor Fred Ledley explains, both the industry and the market don't seem worried and have already factored these lowered prices into their revenue projections moving forward. Read more: https://bit.ly/3
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