Medicare drug price negotiations may have a muted impact on drugmakers in the near term

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http://cnbc.com/2023/08/30/medicare-drug-price-negotiations-may-have-muted-impa…

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In this photo illustration, Eliquis is made available to customers at the New City Halsted Pharmacy on August 29, 2023 in Chicago, Illinois. Medicare is set to negotiate prices for 10 different drugs with manufacturers in a bid to make those costly treatments more affordable for older Americans – a process the pharmaceutical industry fiercely opposes. But analysts say the drug price talks will likely have a muted financial impact on manufacturers, at least for this first round of prescription medicines. That's because other factors are already expected to weigh...