Pharmaceutical stocks across the world tumbled on Monday after Donald Trump signed an executive order to cut the price of prescription drugs in the US.
The US president said the order would almost immediately reduce the price of prescription drugs "by 30 to 80%" and bring prices in-line with other countries.
But experts are highly sceptical of the claims, and stock market moves indicate that investors think they will have little immediate effect.
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Author: BBC News
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News post in May 13, 2025, 12:05 pm.
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