J&J Exec Says Anticipate A Net Unfavorable Impact In 2025 To Drug Sales From Provisions Of The Inflation Reduction Act ("Not Medicare Price Negotiation Program")
Portfolio Pulse from Benzinga Newsdesk
Johnson & Johnson (J&J) executive has indicated that the company anticipates a net unfavorable impact on drug sales in 2025 due to provisions of the Inflation Reduction Act, excluding the Medicare Price Negotiation Program.
July 17, 2024 | 3:56 pm
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Johnson & Johnson anticipates a net unfavorable impact on its drug sales in 2025 due to provisions of the Inflation Reduction Act, excluding the Medicare Price Negotiation Program.
The announcement from a J&J executive about an anticipated net unfavorable impact on drug sales in 2025 due to the Inflation Reduction Act is likely to concern investors. This could lead to a short-term negative reaction in J&J's stock price as the market digests the potential future revenue impact.
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IMPORTANCE 80
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