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"What he's saying is ... if a drug was $100 and you bring the drug down to $13 right? If you're looking at it from $13 it's down seven times ... " Lutnick attempted to explain in a rambling response.
"It's 700 percent higher [than] before, it's down 700 percent now, right? So $13 would have to go up 700 percent to get back to the old one," Lutnick continued. "So it all depends on when you look at it.
"You could say it's down 87 percent or you could say ... it would have to go up 700 percent to be the same one. So it just depends on what you look at it," he repeated. "But basically what he's saying, and we all know what he's saying, is we are hammering the price of drugs down."