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Pfizer's price hikes stokes drug distributors

Nov. 19, 2018 11:41 AM ETMcKesson Corporation (MCK) StockPFE, COR, CAH, MCKBy: Douglas W. House, SA News Editor10 Comments
  • McKesson (MCK +0.7%) and AmerisourceBergen (ABC +2.4%) are in the green in apparent response to Pfizer's (PFE +0.5%) plan to hike prices on 41 drugs. Investors appear to like the potential ripple effect for the drug wholesalers although their enthusiasm has not spread to fellow distributor Cardinal Health (CAH -1.3%).
  • Previously: WSJ: Pfizer to reverse course, raise prices on 41 drugs (Nov. 16)

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