Eric Burlison 0.9 2 ideas

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Rep. Burlison discusses the "Khloe Cole Act," which the DOJ helped draft, creating a "private right of action" (ability to sue) for patients to sue doctors and pharma companies for gender-affirming care (puberty blockers/surgeries) with a lengthy statute of limitations. Bondi expresses strong support ("proud to work hand in hand"). This legislation opens a new floodgate of medical malpractice and product liability litigation against hospitals and pharmaceutical companies involved in these treatments. Similar to the opioid crisis, creating a specific legal framework for mass torts against healthcare providers creates unquantifiable liability overhangs for specific hospital chains and drug manufacturers. The legislation may not pass Congress; the number of claimants may be statistically insignificant to large cap pharma earnings.
ABBV HCA CNBC Feb 11, 20:43
Representative (R-MO)
Eric Burlison (Representative (R-MO)) | 2 trade ideas tracked | ABBV, HCA | YouTube | Buzzberg