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A US Drug Pricing Rebellion Looms, Analyst Says

 
• By Jessica Merrill

Wells Fargo analyst David Maris warned biopharma investors that the US drug market is on a long-term trajectory toward price controls, which he characterized as an under-appreciated risk for the sector, ahead of President Trump's speech on drug pricing.

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US drug prices continue to grow, on average, by double digits every year, and pressure is mounting to rein in the spending. Wells Fargo analyst David Maris issued a stark warning to biopharma investors May 2 that the US drug market is headed toward more price controls, as concern over the cost of drugs continues to mount among the American public.

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