Fact Sheet: President Donald J. Trump Announces Actions to Lower Prescription Drug Prices
Fact sheetRegulation tightenedPublished 25/04/15Open the original
Summary
President Trump orders HHS to significantly reduce drug prices: improving Medicare drug price negotiation to beat the 22% first-year savings, aligning Medicare payment with hospital acquisition costs, standardizing payments regardless of site of care, and lowering insulin for low-income patients to as little as $0.03.
By industry
- Healthcare & Drug Pricing1 trading day−0.1%p15 stocks5 trading days−2.7%p15 stocks20 trading days−15.7%p15 stocks
“The Order directs the Department of Health and Human Services to take steps to significantly reduce drug prices”
Day by day after the announcement
| Day | Healthcare & Drug Pricing stocks | S&P 500 |
|---|---|---|
| 25/04/14 | 0.0% | 0.0% |
| 25/04/15 | −0.4% | −0.3% |
| 25/04/16 | −1.5% | −2.1% |
| 25/04/17 | −2.0% | −1.6% |
| 25/04/21 | −3.9% | −4.2% |
| 25/04/22 | −2.7% | +0.0% |
| 25/04/23 | −2.3% | +0.1% |
| 25/04/24 | −1.7% | +2.3% |
| 25/04/25 | −1.2% | +2.7% |
| 25/04/28 | −0.7% | +2.5% |
| 25/04/29 | +0.1% | +3.1% |
| 25/04/30 | +1.3% | +4.0% |
| 25/05/01 | −0.5% | +3.9% |
| 25/05/02 | +0.2% | +5.7% |
| 25/05/05 | −0.0% | +5.0% |
| 25/05/06 | −2.5% | +5.0% |
| 25/05/07 | −1.8% | +4.6% |
| 25/05/08 | −3.4% | +5.3% |
| 25/05/09 | −4.5% | +5.2% |
| 25/05/12 | −3.2% | +8.7% |
| 25/05/13 | −6.4% | +9.4% |
Korean stocks in these industries
- Samsung Biologics 207940
- Celltrion 068270
- SK Biopharmaceuticals 326030
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Kristen Gil
BuyUnitedhealth Group
BuyUnitedhealth Group
UNH
$1M
3,700 sh
$1M
Filed 25/05/16
Traded 25/05/15
- Timothy Patrick Flynn
BuyUnitedhealth Group
BuyUnitedhealth Group
UNH
$491.8K
1,533 sh
$491.8K
Filed 25/05/16
Traded 25/05/14
- John H. Noseworthy
BuyUnitedhealth Group
BuyUnitedhealth Group
UNH
$93.6K
300 sh
$93.6K
Filed 25/05/16
Traded 25/05/14
- Samit Hirawat
BuyBristol Myers Squibb
BuyBristol Myers Squibb
BMY
$202.2K
4,250 sh
$202.2K
Filed 25/04/29
Traded 25/04/25
- Julia Letlow
BuyUnitedhealth Group
BuyUnitedhealth Group
UNH
$1K–$15K
Self
$1K–$15K
Reported 01/13
Traded 25/04/22
- Larry Robbins
SellCVS Health
SellCVS Health
CVS
$113.2M
1,679,736 sh
$113.2M
Filed 25/05/06
Traded 25/05/02
- Larry Robbins
SellCVS Health
SellCVS Health
CVS
$82.7M
1,226,933 sh
$82.7M
Filed 25/05/06
Traded 25/05/05
- Jeffrey Ryan Stewart
SellAbbVie
SellAbbVie
ABBV
$7M
33,132 sh
$7M
Filed 25/04/02
Traded 25/03/31
- Jeffrey Ryan Stewart
SellAbbVie
SellAbbVie
ABBV
$5.4M
25,700 sh
$5.4M
Filed 25/04/02
Traded 25/03/31
- Julia Letlow
Full saleCigna Group
Full saleCigna Group
CI
$1K–$15K
Self
$1K–$15K
Reported 01/13
Traded 25/04/22
- Julia Letlow
BuyAbbVie
BuyAbbVie
ABBV
$1K–$15K
Self
$1K–$15K
Reported 01/13
Traded 25/04/28
- John Boozman
BuyUnitedhealth Group
BuyUnitedhealth Group
UNH
$1K–$15K
Joint
$1K–$15K
Reported 25/05/14
Traded 25/04/16
- Larry Robbins
SellCVS Health
SellCVS Health
CVS
$26M
373,776 sh
$26M
Filed 25/05/06
Traded 25/05/02
- Mark Kaye
SellElevance Health
SellElevance Health
ELV
$1.9M
4,588 sh
$1.9M
Filed 25/04/25
Traded 25/04/24
- Larry Robbins
SellCVS Health
SellCVS Health
CVS
$15.2M
222,556 sh
$15.2M
Filed 25/05/06
Traded 25/05/02
- Tommy Tuberville
Full saleELI Lilly
Full saleELI Lilly
LLY
$15K–$50K
Joint
$15K–$50K
Reported 25/05/15
Traded 25/04/15
- Tommy Tuberville
Full saleAmgen
Full saleAmgen
AMGN
$15K–$50K
Joint
$15K–$50K
Reported 25/05/15
Traded 25/04/15
- Larry Robbins
SellCVS Health
SellCVS Health
CVS
$10M
150,000 sh
$10M
Filed 25/05/06
Traded 25/05/06
- Larry Robbins
SellCVS Health
SellCVS Health
CVS
$6.6M
96,999 sh
$6.6M
Filed 25/05/06
Traded 25/05/05
- Steven H. Collis
Sell10b5-1 planCencora
Sell10b5-1 planCencora
COR
$4.1M
14,579 sh
$4.1M
Filed 25/04/23
Traded 25/04/22
