Trump drug cost comments raise new risks for pharma stocks

[Hortensis]

12. Thanks for good info and points very well put, Hoyt.

$300,000,000,000 for drugs - Trump's $300,000,000,000 = generic aspirin.

Our candidates all call for reversing the law not allowing Medicare to negotiate. That will happen because it is a very bad, corrupt law and we need to change it.

Seriously, Big Pharm is facing big losses (they can afford them just fine!) with the next Democratic administration. Passage of the ACA was huge, but it was just the beginning.

Here are a few details from "Hillary Clinton’s Plan for Lowering Prescription Drug Costs."

* Allow Medicare to negotiate drug and biologic prices.
* Allow Americans to import drugs from abroad.
* Demand a stop to excessive profiteering and marketing by denying tax breaks for direct-to-consumer advertising and demanding that drug companies invest in R&D in exchange for taxpayer support..
* Encourage competition to get more generics on the market.
* Create a Federal backstop for when there are excessively high-priced drugs that face no competition.
* Cap what insurers can charge consumers in out-of-pocket costs ... Clinton’s plan will require health insurance plans to place a monthly limit of $250 on covered out-of-pocket prescription drug costs...
* Fully fund the FDA’s Office of Generic Drugs to clear out their multi-year generic drug approval backlog, which has kept competitors off the market, ...

She plans all this and a LOT more, all spelled out at: https://www.hillaryclinton.com/briefing/factsheets/2015/09/21/hillary-clinton-plan-for-lowering-prescription-drug-costs/