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Moderna Just Doubled Overnight, and 2 More Healthcare Stocks Could Follow It

Source: marketbeat.com

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Moderna Just Doubled Overnight, and 2 More Healthcare Stocks Could Follow It

The White House expanded its most-favored-nation (MFN) drug pricing agreements by adding nine manufacturers, bringing the total to 26 companies covering 89% of the branded drug market. The market reaction appears muted as healthcare investors “have barely flinched,” but the continued broadening of government pricing pressure implies ongoing margin risk for pharma.

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