Big pharma's monster early haul in Q1

By artappraiser on Fri, 04/27/2018 - 2:11am |

Seven of the world's largest pharmaceutical companies — AbbVie, Amgen, Novartis, GlaxoSmithKline, Bristol-Myers Squibb, Eli Lilly and Biogen — cumulatively collected $12.1 billion of profit in the first three months of 2018. That's up 29% from the same time last year.

The bottom line: Drug makers have not been shy about raising list prices on previously approved medications, despite President Trump's rhetoric about going after the industry.

Some highlights from those companies thus far [....]

URL:

https://www.axios.com/big-pharma-early-q1-haul-abbvie-novartis-1524760645-be113a79-9961-4063-9cfc-8de7f4d23e9f.html