Drug pricing is back on the front page, and healthcare investors have barely flinched. The White House's latest round of most-favored-nation pricing agreements brought nine more manufacturers into the fold, pushing the total to 26 companies covering 89% of the branded drug market. The sector kept climbing anyway.
That gap between headline risk and price action is worth sitting with. Attention has been locked on AI and semiconductors all year, and meanwhile, healthcare and biotech have produced some of the largest single-name moves on the board. Marc Lichtenfeld of the Oxford Club sorts the opportunity by patience: one name for traders, one for the next 12 months, one to hold for a decade.
