Helena Smolek
Appearances
WSJ What’s News
Stocks Surge as U.S. and China Slash Tariffs
Pharma shares in Asia and Europe have dropped this morning significantly, especially Novo Nordisk, who derives a large share of profit from the US. It could be one of the hardest hit. Hence, its share price is among the biggest losers in European morning trading.
WSJ What’s News
Stocks Surge as U.S. and China Slash Tariffs
Overall, there's this tone or this overall view of drug makers not being in favor of that policy since it would mean a major profit fall for them. However, drug makers as well as analysts share the view that the significant price gap between U.S. and other countries is no longer sustainable and has to change.