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$Eli Lilly and Co (LLY.US)$ Traditional drug companies will be facing severe headwinds from new measures to be carried out by Trump administration.
1. DOGE - will review policies of govt regulations on procurement esp big ticket items i.e. healthcare (drug), insurance, defence etc
2. Dept of Healthcare - will endorse DOGE recommendation and even tighten further to save billions on govt drug spending!
3. Stiff competitions from many small startups (leveraging AI on new drug diacoveries) will benefit from Trump’s deregulation.
Sell when rebound; 1st support 700-725; Next support.600-615; if breaks then …
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warmhearted Puppy_93 : Will study.