nope... they will sort through this and it will probably start with a change in pricing or 'discounts'
this 'correction' may be a bit overblown... this was trading in the $15's & $16's just a few weeks ago
Yes because other PBM's will follow suit as insurers, employers, and administrators look for additional cost savings.
Loss of medicare coverage would be huge as well
so HZNP is just going to fold up and close the store?
this is a ploy to put more $ back into the hands of the insurers and everyone knows it.
unfortunately, that's probably not how it will work. most patients will talk to their physicians and ask for a drug that IS covered in their plan. there are a lot of drugs that will do the trick.
and HZNP is just going to what... give up? surrender? I doubt it.
fortunately for me I got out of this a few weeks ago with a profit when Janet gave Bio's the old hatchet job... but I'll be back in sooner or later. Q2 conference call should sure be interesting.