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0 0 -0.000329697864876627 -9.23154021653716E-05 0.000738523217323723 -0.00142429477626693 -0.00102206338111751 -0.00299365661307975
Stock impact report

Analysis-Pharma companies expected to absorb any tariff hit in short term [Yahoo! Finance]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Yahoo! Finance
term the costs would likely be absorbed by drugmakers rather than patients whose payments are often set by health insurance. U.S. health insurers, which pay the bulk of prescription drug costs, act as a buffer between drugmakers and patients, with beneficiaries subject to co-pays and co-insurance based on the prices insurers negotiate with drugmakers. "Patented drugs are already generally set at the price the market will bear, so in that sense manufacturers are not likely to substantially increase the prices of these drugs," said Melissa Barber, postdoctoral fellow at Yale University and an expert on drug pricing. On Monday, the Trump administration said in a regulatory filing it had opened a national security investigation into pharmaceuticals to show why the U.S. needs tariffs to boost domestic manufacturing. Rates and timing remain uncertain, but the industry has been lobbying for phased-in tariffs. The hit could be big. Close to $213 billion in pharmaceutical products were Show less Read more
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