Much ado about health care

• The recently released “America’s Patients First: The Trump Administration Blueprint to Lower Drug Prices and Reduce Out-of-Pocket Costs” looks to make good on the president’s campaign promise to reduce the cost of prescription drugs.

• The plan identifies four major challenges and four key strategies to overcome them.

• While the blueprint is long on ideas, it is short on specific action points.

• Pharmaceutical stock valuations may rebound with more clarity as they have been compressed for years due in part to ongoing political uncertainty.

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