Big Pharma Losing Leverage as Payers Raise Pressure on Price

  • Consolidation among insurers, pharmacy benefit managers key
  • Drug companies are citing growth by volume instead of price

Trump vs. Big Pharma: Can He Bring Drug Prices Down?

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The world’s biggest drugmakers don’t have the muscle they used to have.

Pharmaceutical and biotechnology giants are finding it more difficult to charge high prices for a range of medications, their latest quarterly results show. That’s raising the pressure to pump up sales volumes and find lucrative new treatments for niche markets.