2025-05-12 16:11:42

U.S. pharmaceutical stocks fell before the market opened, with Novo Nordisk (NVO.N) down 5.25%, AbbVie (ABBV.N) down 4.12%, AstraZeneca (AZN.O) down 3.8%, Novartis (NVS.N) down 3.7%, and Gilead Sciences (GILD.O) down 3.46%. Trump announced that he would sign an executive order to immediately reduce drug prices by 30%-80%.
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