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Drug price reforms still don't scare Wall Street

A patient pours prescription bills out of a bottle into his hand.
A patient pours prescription pills out of a bottle. Photo: Craig F. Walker/The Boston Globe via Getty Images

Wall Street still mostly believes President Trump's drug pricing blueprint doesn't present any immediate, large-scale disruptions to the industry as the Trump administration remains focused on changing things like rebates instead of lowering net prices.

What they're saying: "Successful efforts at lowering out-of-pocket spend for patients could ultimately help boost volumes and be a positive for the [pharmaceutical] group, but at minimum things seem to be heading in a direction that is at least neutral for the group and likely much better than previously feared." — Vamil Divan, pharma analyst at Credit Suisse, in a note to investors this month