CNBC January 16, 2020
Berkeley Lovelace Jr.

Key Points

– CEOs from the world’s largest pharmaceutical companies pitched ideas for lowering drug prices at the J.P. Morgan Healthcare Conference in San Francisco this week.

– None, however, offered to cut the prices of their own drugs.

– Executives at the conference repeated arguments they used to fend off attacks in Washington last year to crack down on high prescription drug prices.

CEOs from the world’s largest pharmaceutical companies pitched ideas for lowering drug prices at the J.P. Morgan Healthcare Conference in San Francisco this week. None, however, offered to cut prices on any of their own drugs.

Some of the executives, like Regeneron CEO Leonard Schleifer, suggested making changes to Medicare, the federal government’s health insurance plan...

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