J&J, Halozyme cut at Leerink on price control risk for combo products

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Leerink Partners downgraded Johnson & Johnson (NYSE:JNJ) and Halozyme Therapeutics (NASDAQ:HALO) on Tuesday, indicating a faster-than-expected timeline for the companies’ combination drug products to face Medicare price negotiations.

Halozyme (NASDAQ:HALO) was downgraded to Underperform from Market Perform, while J&J (

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