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Benzinga
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Is Big Pharma About To Win? Goldman Sachs Weighs In On 340B And Medicaid Shifts

1. Medicaid funding serves 72 million, $900 billion annually, facing possible cuts. 2. Proposed 340B reforms may benefit biopharma by limiting drug discount eligibility. 3. BMY could see positive effects from 340B policy changes, per analyst's insights. 4. Medicaid changes could negatively impact biopharma companies reliant on Medicaid sales. 5. Uncertainty around healthcare reforms may lead to volatility in the sector.

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FAQ

Why Bullish?

Analyst sees potential for profit transfer benefits from proposed reforms, similar to past policy shifts benefiting biopharma.

How important is it?

The article discusses changes affecting significant revenue streams for BMY, especially in 340B.

Why Short Term?

Immediate market reactions expected due to current legislative discussions; historical examples show quick sector responses.

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