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Closing Bell: Major gains for major averages, three CEOs talk earnings 7/19/22

Closing Bell

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The Impact of the Senate Bill on Drug Pricing

We're generally not significantly impact by by inflation, simply because of the gross margins of many of the medicines we bring to market. But one place where definitely seing and impact is energy prices in europe. We have limited ability to pass on pria cost increases with price increases. It brings us to the issue of drug pricing, which is ever here in the us. How are you thinking about this new senate bill? If if it should pass, what would be the impact?

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