Will Pressure on Drug Prices Affect Clinical Trail Companies?
Will government pressure on drug prices cause drug companies to cut back on outsourcing projects to companies like ICON (ICLN)? It’s possible.
Will government pressure on drug prices cause drug companies to cut back on outsourcing projects to companies like ICON (ICLN)? It’s possible.
ICON (ICLR) helps assist drug companies do research — and get drugs approved faster. And with Healthcare stocks down, ICLR looks like a value.
ICON (ICLR) is a workload outsourcer for the drug, biotech, and medical device industries. ICLR stock is boring, but has grown 16% a year the past decade.
ICON (ICLR) helps drug and biotech drug companies perform clinical trials and drug development — and profits from doing so.
Hillary Clinton wants to cut drug costs, and if she wins the Presidency this could push drug companies to cut back on R&D spending and hurt ICON.
ICON (ICLR) helps drug companies with research and will be added to the Growth Portfolio and Aggressive Growth Portfolio today.
ICON (ICLR) helps drug companies do research. But with legislators looking to cut back drug prices, ICLR could get cut back too.