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DewDiligence

09/02/16 10:48 AM

#204005 RE: Jonathan Robinson #204002

HRC proposal—from the same article:

“I'm ready to hold drug companies accountable when they try to put profits ahead of patients, instead of back into research and innovation.”

That’s boilerplate, almost vacuous, language. No wonder it’s not having much effect on biotech stocks today.

HRC’s full statement today is not much more detailed:
https://t.co/3fvHRVOTF6
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OakesCS

09/02/16 1:54 PM

#204024 RE: Jonathan Robinson #204002

As Obama has shown, the executive branch can exercise powers in the face of conflicting legislation - especially with a compliant Supreme Court. Even if the GOP retains 1 or both Houses, I think we can look forward to more strong arm tactics on business by regulatory agencies.
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ChikiTiny

09/02/16 2:46 PM

#204029 RE: Jonathan Robinson #204002

perfect....everybody wants lower Prescription drug prices, who doesnt except for the big bad drug companies. Its a low risk, high reward position for any career politician looking to get elected. Problem is, is only 10% of the problem! What about the other 90%, that being health care costs other than Prescription drug pricing...lol