Trump signs healthcare executive order that includes a win for pharma companies [CNBC]
Novo Nordisk A/S (NVO)
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Source: CNBC
President directed his health department on Tuesday to work with Congress on revamping a law that allows Medicare to negotiate prescription drug prices, seeking to introduce a change the pharmaceutical industry has lobbied for. Drugmakers have been pushing to delay the timeline under which medications become eligible for price negotiations by four years for small molecule drugs, which are primarily pills and account for most medicines. That would align with the 13-year wait until more complex biotech drugs become eligible for Medicare price negotiations. The wide-ranging executive order signed by Trump aims to reduce healthcare costs. It comes one day after the Trump administration instituted into the pharmaceutical industry, a precursor to sector-specific The ability of Medicare for the first time to directly negotiate prices on selected medicines was part of President Joe Biden's Inflation Reduction Act. Medicare covers 66 million Americans, mostly aged 65 and older. Drug
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NVO
Earnings
- 11/6/25 - Beat
NVO
Sec Filings
- 11/25/25 - Form 6-K
- 11/24/25 - Form 6-K
- 11/17/25 - Form 6-K
- NVO's page on the SEC website