08.08.19

Bausch Health CEO: Big Pharma Will Survive US Drug Regulations

Source: CNBC

Bausch Health Chariman and CEO Joseph C. Papa told CNBC on Wednesday that he isn’t too concerned about the future of the pharmaceutical industry despite pledges from Congress to lower the cost of prescription drugs. Pharmaceuticals are “the most cost effective way” to treat and improve health care, Papa said in an interview with CNBC’s Jim Cramer on “Mad Money. ” “I absolutely know there will be some noise along the way.”

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