United States. Securities and Exchange Commission

United States. Securities and Exchange Commission

SEC Denies Efforts by Gilead Sciences and Vertex Pharmaceuticals to Block Shareholder Resolutions on Pharmaceutical Pricing Transparency

The U.S. Securities and Exchange Commission (SEC) has denied efforts by Gilead Sciences and Vertex Pharmaceuticals to block shareholder resolutions asking for greater transparency around the management and mitigation of business risks from rapidly increasing U.S. drug prices. The shareholder resolutions, filed by the UAW Retiree Medical Benefits