Medicare wants to cut the price on an Eli Lilly drug. What it means for LLY shares

Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. Eli Lilly & Co.’s shares climbed in early US trading after its experimental drug for Alzheimer’s slowed the progress of the disease in a final-stage trial, paving the way for the company to apply for US approval.

AJ Mast | Bloomberg | Getty Images

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Medicare wants to cut the price on an Eli Lilly drug. What it means for LLY shares

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Medicare wants to cut the price on an Eli Lilly drug. What it means for LLY shares

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Medicare drug price negotiations may have a muted impact on drugmakers in the near term

U.S. oil futures settle at a more than 2-week high

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