Biotech Values

[DewDiligence]

Things could have been much worse [for Big Pharma] as the legislation removes the concern that was overhanging the industry on matters that could have devastated pharma, such as government price controls and/or importation.

I wholeheartedly agree with respect to the new law’s lack of government price controls. However, re-importing prescription drugs on a large scale would be utterly unworkable, and hence I’ve never considered re-importation to be anything but a bluff and a campaign issue.