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Arnold sets the scene

18 October 2004 By Robert Cyran

The Democrats will lower drug prices, but California governor Schwarzeneggar s actions suggest the Republicans will too. Imposing bulk purchasing of drugs for Medicare could reduce US sales by 5% over the next ten years. And that s the optimistic case. Imposing bulk purchasing of drugs for Medicare could halve big pharma’s US sales growth over the next ten years. The Democrats will lower drug prices, but California governor Schwarzenegger s actions suggest the Republicans will too.

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