
Pharma stocks rebounded and rose into the green Monday afternoon after details of President Donald Trump’s executive order on drug prices became public.
Latest News “Stay informed with breaking news, world news, US news, politics, business, technology, and more at latest news.
Auto Added by WPeMatico
Pharma stocks rebounded and rose into the green Monday afternoon after details of President Donald Trump’s executive order on drug prices became public.
Pharma companies were mostly left out of the stock market’s broader rally Monday morning on the news that President Donald Trump will sign an order lowering drug prices.
U.S. futures were mixed early Tuesday as markets braced for a high-stakes earnings deluge. Dow futures rose 0.3%, while the S&P and Nasdaq ticked down slightly.
Eli Lilly (LLY) CEO Dave Ricks said Friday that the company will make its planned GLP-1 weight-loss pill in the U.S. amid President Donald Trump’s sweeping tariffs and his push to get companies to move production inside the country’s borders.
Pfizer (PFE) announced Monday that it is ending development of its daily weight-loss pill following a liver injury to a patient participating in a trial.