Eli Lilly shares are trading lower after Joe Biden and Bernie Sanders called on the company and Novo Nordisk to lower drug prices.
Portfolio Pulse from Benzinga Newsdesk
Eli Lilly shares are trading lower after Joe Biden and Bernie Sanders called on the company and Novo Nordisk to lower drug prices.
July 02, 2024 | 12:02 pm
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NEGATIVE IMPACT
Eli Lilly shares are trading lower after Joe Biden and Bernie Sanders called on the company to lower drug prices.
Political pressure from high-profile figures like Joe Biden and Bernie Sanders can lead to regulatory changes or public sentiment shifts, negatively impacting Eli Lilly's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100