U.S. Government Announces Agreement in Principle with the United Kingdom on Pharmaceutical Pricing

USTR noticeTrade dealPublished 25/12/01Open the original

Summary

USTR, Commerce and HHS announce an agreement in principle with the United Kingdom on pharmaceutical pricing: the UK will raise the net price it pays for new medicines by 25% and cut the VPAG repayment rate to 15% in 2026 and keep it at or below that level.

By industry

Healthcare & Drug Pricing1 trading day−1.3%p15 stocks5 trading days−3.7%p15 stocks20 trading days−1.3%p15 stocks
“increase the net price it pays for new medicines by 25%”

Day by day after the announcement

Healthcare & Drug Pricing stocks and the S&P 500 after the announcement, cumulative %
Day	Healthcare & Drug Pricing stocks	S&P 500
25/11/28	0.0%	0.0%
25/12/01	−1.7%	−0.4%
25/12/02	−2.6%	−0.2%
25/12/03	−2.4%	+0.1%
25/12/04	−2.7%	+0.2%
25/12/05	−3.3%	+0.4%
25/12/08	−4.1%	+0.2%
25/12/09	−4.8%	−0.0%
25/12/10	−3.5%	+0.6%
25/12/11	−2.1%	+1.0%
25/12/12	−1.8%	−0.2%
25/12/15	−0.5%	−0.3%
25/12/16	−2.0%	−0.7%
25/12/17	−2.3%	−1.5%
25/12/18	−2.4%	−1.0%
25/12/19	−1.8%	−0.3%
25/12/22	−1.1%	+0.3%
25/12/23	−1.2%	+0.7%
25/12/24	−0.6%	+1.0%
25/12/26	−0.4%	+1.0%
25/12/29	−0.6%	+0.7%

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.

David CordaniChairman & CEO
BuyCigna Group
Buy
Cigna Group
CI
$999.9K
4,134 sh
$999.9K
Filed 25/11/03
Traded 25/11/03
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$128.2M
120,016 sh
$128.2M
Filed 25/11/25
Traded 25/11/24
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$101.4M
96,516 sh
$101.4M
Filed 25/11/20
Traded 25/11/19
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$18.1B
17,567 sh
$18.1B
Filed 25/11/17
Traded 25/11/14
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$57.7B
55,908 sh
$57.7B
Filed 25/11/17
Traded 25/11/14
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$107M
103,871 sh
$107M
Filed 25/11/17
Traded 25/11/14
John G. MorikisDirector
BuyJohnson & Johnson
Buy
Johnson & Johnson
JNJ
$257.7K
1,250 sh
$257.7K
Filed 25/12/01
Traded 25/11/26
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$47.9M
47,073 sh
$47.9M
Filed 25/11/13
Traded 25/11/12
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$46.6M
45,246 sh
$46.6M
Filed 25/11/14
Traded 25/11/13
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$32.8M
33,154 sh
$32.8M
Filed 25/11/12
Traded 25/11/11
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$30.2M
28,768 sh
$30.2M
Filed 25/11/20
Traded 25/11/19
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$30.2M
30,633 sh
$30.2M
Filed 25/11/12
Traded 25/11/11
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$28.7M
31,016 sh
$28.7M
Filed 25/11/06
Traded 25/11/05
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$26.6M
29,709 sh
$26.6M
Filed 25/11/04
Traded 25/11/03
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$26.5M
26,761 sh
$26.5M
Filed 25/11/12
Traded 25/11/11
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$25.3M
23,916 sh
$25.3M
Filed 25/11/24
Traded 25/11/21
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$24M
23,863 sh
$24M
Filed 25/11/13
Traded 25/11/12
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$23.7M
23,568 sh
$23.7M
Filed 25/11/13
Traded 25/11/12
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$23.3M
26,340 sh
$23.3M
Filed 25/11/04
Traded 25/11/03
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$22.8M
25,996 sh
$22.8M
Filed 25/11/04
Traded 25/11/03